WHAT IS THE DUE DATE OF AUDIT & INCOME TAX RETURN FILLING?

WHAT IS THE DUE DATE OF AUDIT & INCOME TAX RETURN FILLING?

  • FOR CORPORATE ASSESSEES, (Like Private Limited & Public Limited Companies) and for all other corporate assessees, the due date for furnishing his return of income is 30th September of the Assessment Year.
  • FOR NON CORPORATE ASSESSEES, (Like Partnership Firm & Proprietorship Firm) who is required to obtain Tax Audit Report (TAR) under section 44AB of the Act and for all other corporate assessees, the due date for furnishing his return of income is 30th September of the Assessment Year.
  • FOR ANY OTHER ASSESSEES Like Salaried Income, Person having Income from House property, Interest income, Business Income where accounts are not required to be audited the due date for furnishing his return of income is 31st July of the Assessment Year. If your total income like salary, rent received, interest on deposit etc exceeds taxable limit of Rs2.5 lacs, you have to submit Income Tax return in the prescribed form ITR 1 ITR 2 ITR 3 .... depending on the nature of income. Even if your taxable income is less than as prescribed every year, but you have to claim refund for the TDS collected from you, you have to submit the Tax Return.

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