Last-Minute Income Tax Return Filing Guide: Don't Miss Today's Deadline!
Today marks the final day for filing your online income tax return in Delhi as emphasized in multiple official bulletins by the income tax department, with no extension being granted for the FY 2022-23 (AY 2023-24). If you have yet to file your income tax return, it is crucial to do so promptly today.
According to data released by the Income Tax Department, a considerable number of taxpayers have already successfully filed their ITRs for FY 2022-23 (AY 2023-24), and numerous taxpayers have also received their refunds.
Nevertheless, there are still several hundred salaried taxpayers who have not yet submitted their income tax returns for FY 2022-23. It's important to note that failing to file your ITR before the due date can lead to several consequences. If you miss today's deadline and file your return after the due date, you will be subject to a late fee. Non-furnishing or late furnishing of the return of income can also incur interest under section 234A. Additionally, there are fees under Section 234F for delayed filing, ranging from ₹1,000 to ₹5,000. It is, therefore, advisable to file your returns before the end of the due date.
If you are handling the income tax return filing process yourself, follow this step-by-step guide to avoid any errors:
Important documents needed:
The e-filing portal now provides pre-filled ITR forms, but certain incomes, such as capital gains, require manual filling. Prepare the following important documents while filing your income tax returns:
Proof of tax-saving investments
Medical insurance statement (if applicable)
Step-by-step guide to filing ITR:
· Go to the Income Tax e-Filing portal.
Log in to the portal using your user ID (PAN), Password, and Captcha code.
Click on the 'e-File' menu and select the 'Income Tax Return' link.
Choose the appropriate Income Tax Return (ITR) form. As a salaried taxpayer with Form 16, you can use either ITR-1 or ITR-2.
Select the assessment year (AY) for which you want to file the ITR. In this case, choose the assessment year 2023-24.
Validate all the data entered in the form and submit it.
After submitting your return, verify it through any available options, such as Aadhaar OTP, etc.
Finally, re-check all your details and upload the form. Remember, your job is not complete until you verify your Online Income Tax Return Service in Delhi.
You all go with your trusted provider of Income Tax Return Services, and you can rest assured knowing that your financial matters are in capable hands. Their commitment to professionalism, integrity, and client satisfaction sets them apart. Experience the difference Taxgoal can make in simplifying your financial journey and achieving your tax goals. Contact them today and take the first step toward a brighter financial future.
