The government finally gave a big update on the last date to file an income tax return, know the new deadline

If you also file income tax, then you should know that the filing of Income Tax Return for the financial year 2021-22 and assessment year 2022-23 has started from June 15, 2022, If you have not filed your return yet, do so immediately. Meanwhile, the government has also given a big statement on the extension of the last date.

If you have not yet filed your Income Tax Return, then fill it out immediately. Till now the last date for filing an income tax return is 31st July. Although there is a demand to increase it in many places by bringing it from social media, the government has refused to extend its last date, that is, now you have to file income tax before July 31 in any case. The Revenue Secretary has said that the government has no idea at present to extend the date for filing ITR beyond July 31. Let us tell you that the filing of Income Tax Return for the financial year 2021-22 and assessment year 2022- 23 started on June 15, 2022.

The government told the deadline

Actually, like the last two years, this time the last date for tax filing was expected to be extended, but now the government has made its stand clear. If you have received Form-16 from your office, then fill it out without delay. If you do not fill it out before the deadline, then you may have to pay a penalty. Apart from this, when more taxpayers file returns on the Income Tax E-filing website, the load increases. In such a situation, if you also want to avoid the problems in income tax filing, then do not wait for the last moment.

File your return before 31st July
It is noteworthy that the last date for filing income tax returns for the financial year 2021-22 and assessment year 2022-23 without any late fee is July 31, 2022. If you file an income tax return after the deadline, then you will have to pay interest on tax along with a penalty under section 234A and section 234F of income tax.

Detailed deadline for filing ITR
Apart from this, let us tell you that the last date for filing an income tax return for personal HUF is July 31, 2022. At the same time, the last date for filing income tax returns for those who require an audit is October 31, 2022. And for those who have a business in which a TP report is required, the last date for filing an income tax return is November 30, 2022. That is, the department has introduced a deadline for all types of income taxpayers, if you do not pay tax before the deadline, then you will have to pay a penalty.