The Income Tax Department is reminding taxpayers that the deadline to file income tax returns for Assessment Year 2023-24 (Financial Year 2022-23) is December 31, 2023. This deadline applies to returns filed under sections 139(4) and 139(5), which cover late filings. Filing on time is crucial to avoid penalties and legal issues, and the department encourages electronic filing for a smoother process.
The Income Tax Department has issued an update, stating that the last date to file the return of income for the Assessment Year 2023-24 (Financial Year 2022-23) under section 139(4) or 139(5) of the Income Tax Act is December 31, 2023. The department urges taxpayers to file their returns before the
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FAQ :
The deadline for filing Income Tax Returns for Assessment Year 2023-24 (Financial Year 2022-23) is December 31, 2023.
The deadline applies to returns filed under section 139(4) or 139(5) of the Income Tax Act.
The Assessment Year 2023-24 corresponds to the Financial Year 2022-23.
Taxpayers who fail to meet the deadline may face penalties and legal consequences, and could be subject to additional scrutiny.
Taxpayers are encouraged to use online platforms for filing their income tax returns, as it is a faster and more secure method.