ITR Filing Last Date is December 31 - Check how to file ITR
ITR Filing Last Date 2023: This amount is reduced to Rs 1,000 for those taxpayers whose total income does not exceed Rs 5 lakhs.
ITR Filing Last Date 2023: The last chance to file an Income Tax Return (ITR) for the financial year 2022-23 is December 31, 2023. This is the last opportunity but it comes with penalties and interest for late filing. As per Section 234F of the Income Tax Act, a delay in filing attracts a late filing fee of Rs 5,000 for those who fail to file their tax returns before the normal due date.
This amount is reduced to Rs 1,000 for those taxpayers whose total income does not exceed Rs 5 lakhs.
How to file ITR online
Step 1: Visit the Income Tax e-Filing portal - https://www.incometax.gov.in/iec/foportal/ Step 2: Log in to the e-Filing portal by entering your user ID (PAN), Password, Captcha code and click 'Login'.
Step 3: Click on the 'e-File' menu and click the 'Income Tax Return' link.
Step 4: Click on 'Continue'
Step 5: Fill in all the applicable and mandatory fields of the Online ITR Form.
Step 6: Choose the appropriate Verification option in the 'Taxes Paid and Verification' tab.
Step 5: I would like to E-Verify
Step 6: I would like to E-Verify later within 120 days from the date of filing.
Step 7: I don't want to E-Verify and would like to send a signed ITR-V through normal or speed post to "Centralized Processing Center, Income Tax Department, Bengaluru - 560 500" within 120 days from the date of filing.
Step 7: Click on the 'Preview and Submit' button, Verify all the data entered in the ITR.
Step 8: 'Submit' the ITR.
Step 9: On Choosing 'I would like to E-Verify' option, e-Verification can be done through any of the following methods by entering the EVC/OTP when asked for.
Step 10: The EVC/OTP should be entered within 60 seconds else, the Income Tax Return (ITR) will be auto-submitted. The submitted ITR should be verified later by using 'My Account > E-Verify Return' option or by sending a signed ITR-V to CPC.
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