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DUE DATE FOR INCOME TAX RETURN - AY 2022-23

433 views 2 replies

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 20 September 2022

Dear Experts.,

Good Evening to All...

One of my Friend working as Employee in a Private Limited Company. He earn more than 5 lakhs in FY 2021-22. He missed the Last date of IT Return.

He also a Share Holder in the Same Comapany...

So, My friend ask Why not I'm using 31/10/2022 as my IT return Due Date...

My Question is

- Can I file his return with 31-Oct-22 as Due date...?

Please give Your reply as soon as possible.

Regards

Raja P M

Replies (2)

sabyasachi mukherjee

Profession Business

28244 Points Posted on 20 September 2022

NATURE OF ASSESSE?

Eswar Reddy S

CFO- at NHTF

58280 Points Posted on 20 September 2022

There is no connection with company ITR filing deadline and employee ITR filing deadline.

Hence he has to submit belated return with 5000/1000 late fee under section 234F.

Dividend is taxable on payment basis. So dividend paid in AGM can't effect the ITR filing deadline.

Only partnership firm ( Partners have some relaxation)