Sir I want to know that what is the last date of filing of income tax return and also know that date would be extended and penalty for late filing.Thanks.
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Quick Summary
This discussion clarifies the deadline for filing income tax returns for Assessment Year 2022-2023, which is typically 31st July if no tax audit is required. It also addresses the likelihood of extensions, stating there's generally no chance of one. Furthermore, it details the penalty for late filing under Section 234F, which can be up to £5,000.