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Investment can be made by an individual after 31st March for FY 2022-23

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(Querist)
30 March 2023 whether investment can be made by an individual after 31st March for 2022-23 to reduce tax liability of income tax.
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Sanket

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Sanket (Expert)
30 March 2023 To avail the deduction from gross total income, one have to make a payment for the investment within the financial year. i.e. before 31st March. So to answer your question, Investment can be made but tax liability can not be reduced for the F.Y. 2022-23.
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
20 August 2023 Yes, no extension was made this time
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