What is the last for individual ITR for AY 2021-22?
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Quick Summary
This discussion clarifies the deadline for individual ITR returns for Assessment Year 2021-22. The general deadline was 30th September 2021. It's also noted that taxpayers can pay their self-assessment tax before 31st July to avoid interest charges, even if they file their return later, provided their tax liability is over £1 lakh.
Those taxpayers, whose self-assessment tax is up to Rs1 lakh, have been provided relief under Section 234A. But interest will be levied in case the tax liability of the person is more than Rs 1 lakh if paid after 31st July