Each Individual whose pay surpasses most extreme taxable breaking point is required to record Income tax Return at the very latest the due date. Due date for Individuals getting compensation and who are maintaining their own business or calling or filling in as free lancer are required to file tax return on or before 31st July, every year. If there should be an occurrence of Individuals why should required get their books reviewed and Companies, the last date for filing return is 30th September. Have you missed the tax filing due date of 31st July, Don't stress, you can file returns till 31st March.

Advance Tax or TDS

In the event that you have paid your taxes as advance tax or TDS has as of now been deducted then, you don't have stress to in light of the fact that you can file the tax returns before 31 March without paying a penalty.

But if you miss the new deadline and file the return only after 31 March, the assessing officer may impose a penalty for late filing of return.

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