DUE DATE FOR INCOME TAX RETURN - AY 2022-23

ITR Filing 416 views 2 replies

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)
NATURE OF ASSESSE?
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)


CCI Pro

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