Creating Knowledge Bank-CKB : Is the ITR filing date extended | Income Tax Return Due Date AY 2023-24:Last Date Extension

According to Section 234F of the Income Tax Act of 1961, anyone who file their ITRs late must pay a fine of up to Rs 5,000. Small taxpayers must pay a fine of Rs 1,000 if their annual taxable income is less than Rs 5 lakh.

The deadline to file Income Tax Return without penalty is July 31, 2023, i.e, today. Taxpayers can contact the tax department’s helpdesk which is open all day today to assist taxpayers with ITR filing, tax payment, and other associated services. The assistance is done over the phone, live chat, Webex meetings, and social media.

Will ITR deadline get extended?

Will the Income Tax department extend the deadline for filing income tax return this year? Answering this, Revenue Secretary Sanjay Malhotra told PTI earlier this month, "...we would advise them (taxpayers) not to wait to the last moment and also not to hope for any extensions. So, I would advise them to file their tax return at the earliest because the deadline of July 31 is approaching fast," he added.

itr filing 2023