When the government runs a scheme or asks to update any document etc. In such a situation, a last date is given to get that work done, that is, you have to get that work done by the stipulated time. If you do not do this, then there is also a provision to impose a fine on you. In the same sequence, if you are a taxpayer and you have not yet filed your income tax return, then know that you have the last chance for this till 31 December 2024.
You can file your return for the assessment year 2024-25 with a late fee of Rs 5 thousand by this date. Let us also know here that if you do not do this, then the amount of fine will increase from Rs 5 thousand to Rs 10 thousand. Therefore, if you have not filed income tax return till now, then you can file it by knowing its method in the next slides. So let's know how to file income tax return...
This is how you can file belated ITR:-
First step
If you have not yet filed your income tax return (financial year 2023-24), then you can file it
For this, first of all you have to go to the e-filing website of Income Tax Department https://eportal.incometax.gov.in/iec/foservices/#/login
Second step
After going to the website, if you are not registered, then register yourself and if you are registered then login
For this you have to fill your PAN card number in the user ID column
Then you have to choose the right ITR form according to your income
Third step
Now that you have chosen the right ITR form, then after this you have to choose for the financial year 2023-24 and assessment year 2024-25
Then you have to fill some of your information here
In this you have to enter your income, deduction i.e. how much money is deducted and All information regarding tax liability has to be given correctly
Fourth step
Then see what tax is due along with interest and penalty
After this you have to pay this tax
Now you can make payment through net banking or other online mode
After payment is done you have to submit it
After this your ITR gets filed successfully.
(PC: Adobe stock)
