For the financial year 2021-22 till July 25, 2022, more than 3 crore income tax returns have been filed. The last date for filing income tax return is July 31, 2022. In such a situation, the Income Tax Department has asked people to file income tax returns at the earliest. In the last financial year (2020-21) till the last date (last date was extended last year) till December 31, 2021, a total of 5.89 crore ITRs were filed.
Last date for ITR filing will not increase The last date for filing
Income Tax Return (ITR) is near. The last date for filing ITR for the financial year 2021-22 or assessment year 2022-23 for individual and salaried employees who do not require account audit is July 31, 2022.
Still, many taxpayers have not filed their returns, in the hope that the government may extend the deadline for filing ITR. However, Revenue Secretary Tarun Bajaj clarified that the Center is not looking at extending the July 31 deadline.
While filling ITR, keep these 8 things in mind, including choosing the right form, otherwise you may get noticeAfter July 31, a late fee of up to Rs 5,000 will have to
be paid. Taxpayers who file ITR after July 31 will have to pay a late fee. If the annual income of an individual taxpayer is more than Rs 5 lakh, then he will have to pay a late fee of Rs 5000. If the taxpayer’s annual income is less than Rs 5 lakh, then he will have to pay Rs 1,000 as late fee.
How can I file Income Tax Return?
Enter your User ID and then click on Continue. Enter your password and login. If you do not remember the password, you can create a new password through Forgot Password.
After login, a page will open, where you click on e-file. After that select File Income Tax Return option.
Select the assessment year 2021-22 and then continue.
You will get the option for Online and Offline. In this you select Online and select ‘Personal’ option.
Now choose either ITR-1 or ITR-4 option and continue.
If you are salaried then select ITR-1. After that the form will be downloaded on your system. Then go to ‘Filling Type’ and select 139(1)- Original Return.
After this the selected form will open in front of you, in which fill all the requested information and keep saving. Fill in the bank account details correctly.
If you select offline mode above, then after filling all the information in the download form, you will see the option of Attach File, where to attach your form.
After attaching the file, the site will validate the file and click on “Proceed to Verification” after validation.
In this way your return will be filed within few minutes and now you can do E-Verification to verify your return.
