What Happens If You Miss ITR Filing Deadline in India? Penalties Explained
Missing the income tax return (ITR) filing deadline is more common than people like to admit. Life gets busy, documents come late, or you simply think, “I’ll do it later.” But income tax deadlines don’t really work on good intentions.
If you miss the ITR filing deadline in India, the consequences range from small financial penalties to long-term issues that can affect loans, refunds, and even future tax benefits. The good news? Missing the deadline isn’t the end of the world, but it does come with costs you should understand clearly. Let’s break it down in simple terms.
What Is the ITR Filing Deadline?
For most individual taxpayers (especially salaried individuals with no audit requirement), the usual ITR filing deadline is 31st July of the assessment year. For taxpayers whose accounts need to be audited, the deadline is typically later in the year.
Sometimes, the government extends the deadline, but you should never rely on extensions. If you miss the final due date, your return is considered late, and certain penalties automatically apply.
Late Filing Fee Under Section 234F
The first and most immediate consequence of missing the deadline is a late filing fee under Section 234F of the Income Tax Act.
Here’s how it works:
If your total income is above the basic exemption limit, a late fee applies.
The fee depends on how late you file and your income level.
In simple terms:
Filing late can cost you up to ?5,000.
For taxpayers with lower income, the late fee may be reduced.
This fee is charged even if you have no tax payable. So yes, you can end up paying a penalty even when your tax is already zero.
Penalties & Consequences of Late ITR Filing (Quick Overview)
Consequence
Applicable Section
What It Means for You
Late filing fee
Section 234F
Penalty up to ?5,000 even if tax payable is zero
Interest on unpaid tax
Section 234A
1% interest per month until filing
Refund delay
Notified procedure
Refund processing may be delayed or interest lost
Loss carry-forward
Income Tax Act
Business & capital losses cannot be carried forward
Financial impact
Banking & visa norms
Loan delays, lower credit limits, visa issues
Compliance risk
IT Dept. scrutiny
Notices or future assessment risk
Interest on Unpaid Tax (Section 234A)
Late filing doesn’t just attract a fixed penalty; it can also cost you interest.
If you have any unpaid tax, interest is charged under Section 234A at 1% per month or part of a month, starting from the original due date until the date you actually file your return.
What this means in real life:
Even a small tax balance can snowball over time.
The longer you wait, the more interest you pay.
This interest applies in addition to the late filing fee, not instead of it.
Delay or Loss of Income Tax Refund
Many taxpayers don’t file returns because they believe, “I don’t owe tax, I’ll do it later.” But if you’re eligible for a tax refund, filing late can delay it significantly.
In some cases:
Refund processing may take much longer.
You may lose interest on the refund amount.
Delays can disrupt personal financial planning.
If you’ve paid excess tax through TDS tax, filing on time is the fastest way to get your money back.
Loss of Carry Forward of Losses
This is one of the most overlooked consequences.
If you file your ITR after the due date, you lose the ability to carry forward certain losses, including:
Business losses
Capital losses
Losses from house property (beyond a limited amount)
These losses could have been adjusted against future income to reduce tax liability. Missing the deadline means losing that benefit completely for that year.
Problems With Loans, Credit Cards, and Visas
ITR filing isn’t just about taxes anymore. It has become a key financial document.
Banks, lenders, and even embassies often ask for:
ITR copies for the last 2–3 years
Proof of consistent income filing
If you haven’t filed returns on time (or at all), you may face:
Loan rejections or delays
Lower credit limits
Issues with visa applications
Late filing doesn’t just affect the tax department, it affects how other institutions see your financial discipline.
Risk of Notices and Scrutiny
While a single missed deadline doesn’t automatically mean trouble, repeated non-filing or large income mismatches can attract attention from the Income Tax Department.
Possible outcomes include:
Notices asking why returns weren’t filed
Requests for clarification or additional documents
Increased scrutiny in future years
This isn’t common for first-time or small delays, but it’s still a risk worth avoiding.
What Is a Belated Return?
If you miss the original due date, you can still file a belated return.
A belated return:
Is a return filed after the due date but within the allowed time limit
Comes with penalties and interest (as discussed)
Is legally valid once filed correctly
However, belated returns come with limitations, such as loss of certain benefits and restricted revision options.
Belated Return vs Revised Return
People often confuse these two:
Belated return: Filed late because you missed the deadline.
Revised return: Filed to correct mistakes in a return already submitted.
You can revise a belated return, but only within the prescribed timelines. So delaying filing also reduces your room for corrections.
What Should You Do If You’ve Missed the Deadline?
If you’ve already missed the deadline, the best thing to do is act quickly.
Here’s a simple checklist:
Calculate your total income correctly
Check tax payable or refund due
Pay any pending tax along with interest
File the belated return as soon as possible
Keep acknowledgement and payment proofs safely
The earlier you file, the lower the damage.
How to Avoid Missing the Deadline in the Future
A few small habits can save you a lot of stress:
Start collecting documents early (Form 16, bank interest, investments)
Don’t wait for the last week of July
Set calendar reminders
Consider professional help if your income sources are multiple
Filing early also gives you time to correct mistakes without panic.
Important Takeaway For You
Missing the ITR filing deadline in India doesn’t make you a criminal, but it does cost money, benefits, and peace of mind. Penalties, interest, refund delays, and loss of tax advantages all add up, often unnecessarily.
If you’ve missed the deadline, don’t ignore it. File as soon as possible and move forward cleanly. And if you haven’t missed it yet, take this as a gentle reminder.
If you need help filing correctly or catching up on a missed return, at Tax Caller, we can help you complete the process smoothly and move forward with confidence. Your future self will thank you for filing on time.
Frequently Asked Questions
What happens if I miss the ITR filing deadline in India?
If you miss the deadline, you can still file a belated return, but you may have to pay a late filing fee and interest on any unpaid tax. You may also lose certain tax benefits.
Can I file my income tax return after the due date?
Yes, you can file a belated return after the due date within the time allowed by the Income Tax Department. However, late filing penalties and interest may apply.
What is the late filing penalty for missing the ITR deadline?
Late filing attracts a fee under Section 234F, which can go up to ?5,000 depending on your income and how late you file. For lower-income taxpayers, the penalty may be reduced.
Do I need to pay a penalty even if I have no tax to pay?
Yes, in some cases. Even if your tax payable is zero, a late filing fee may still apply if your total income exceeds the basic exemption limit.
Will I have to pay interest if I file my ITR late?
If you have unpaid tax, interest is charged at 1% per month or part of a month from the original due date until you file the return and pay the tax.
What happens to my income tax refund if I file late?
Your refund may get delayed if you file late. In some cases, you may also lose interest on the refund amount, affecting your cash flow.
Can I carry forward losses if I file my return late?
No, most losses such as business or capital losses cannot be carried forward if the return is filed after the due date. This benefit is available only when you file on time.
Is there any risk of legal action for not filing ITR?
For occasional delays, legal action is rare. However, repeated non-filing or significant tax evasion can lead to notices, penalties, or prosecution in serious cases.
What is the difference between a belated return and a revised return?
A belated return is filed after the due date, while a revised return is filed to correct mistakes in an already submitted return. A belated return can also be revised within allowed timelines.
What should I do if I realise I’ve missed the deadline?
Don’t panic. Calculate your tax, pay any pending amount with interest, and file the belated return as soon as possible. Filing earlier reduces penalties and future complications.
Imagine you have sold some shares, own a second home, or received income from abroad and have income more than 50 lakhs in such cases, the ITR-2 form you'll need while filing your income tax return. It’s made for individuals and Hindu Undivided Families (HUFs) who don’t earn from a business or profession but have a more complex financial profile.
Who Should File ITR-2?
You’ll likely need to file ITR-2 if:
You earned profit from selling shares, mutual funds, or real estate
You own two or more properties
You earn money from outside India or hold foreign assets
Your dividends crossed ?10 lakh in a year
You earned more than ?5,000 through farming
You’re an NRI and your income doesn’t include business or freelancing
Who Can not File ITR-2?
Avoid this form if:
You’re earning from a business or profession
You qualify for the simpler ITR-1 form
You’ve opted for presumptive taxation (like small business owners under 44AD or freelancers under 44ADA)
Is the ITR-2 Form Released Yet?
Sometimes, the new ITR-2 form takes time to be released. If it’s not live on the portal yet, don’t worry. The structure hardly changes, so keep your documents ready and monitor official updates or let TaxCaller track it for you.
Which Types of Income You Report in ITR-2
Let’s break it down simply:
Salary or Pension – If you're working or retired
Capital Gains – From mutual funds, shares, or selling a house
House Property Income – From rented or multiple homes
Other Sources – Bank interest, lottery wins, gifts
Farming Income – Only if it’s over ?5,000
Foreign Earnings or Assets – Like owning property or stocks abroad
What Documents Do You Need?
Don’t wait till the last minute. Here’s what you’ll need:
Your own calculation for deductions This is handy if you switched jobs or are freelancing.
Why File Through TaxCaller?
With TaxCaller, you get:
Real experts (not bots)
Capital gains and foreign asset handled properly
Zero error filing
E-verification included
Post-filing support if anything goes wrong
Final Checklist Before You Submit
Download Form 26AS, AIS & TIS
Check your capital gains & dividends
Foreign income/asset details added
Deduction proofs attached
Correct form chosen
Return e-verified successfully
19. Summary
If you’ve income more than a simple salary — like rental income, shares, or overseas assets — ITR-2 is your go-to form. But don’t let tax rules stress you out. At TaxCaller, we simplify it all for you.
???? Just say “Hi” on WhatsApp and get started.
? Human Help | ? CA Reviewed | ? Stress-Free Filing
Most Asked Questions (FAQs)
Q: Can I file without capital gains? Yes, if other rules apply (like having two houses).
Q: Is this form just for investors? No, it's also for salaried folks with complex income.
Q: Can NRIs use ITR-2? Yes, unless they run a business in India.
Q: Wrong ITR form selected — what now? The return can be marked "defective" by the tax department.
Q: Can ITR-2 be filed without Form 16? Yes, you can use your slips and statements.
Q: Is e-verification a must? Yes, else your filing is considered incomplete.
Q: What is AIS? It’s a full summary of your financial activity. Always cross-check.
Q: Do I need to declare dividends? Yes, if they’re taxable (above ?10L or from certain sources).
Q: Can I file without logging in? No, you must log in at incometax.gov.in
Q: How do I get my refund? Ensure TDS details are correct. Refund comes post-verification.
Q: Can I file by myself? Yes, but if it's complex, better to take expert help.
Q: Any benefits to early filing? Faster refunds and lesser stress.
Q: Can I file ITR offline? Only in rare cases. Online is better.
Q: How to report exempt income? Under "Exempt Income" in your ITR form.
Q: How long does e-verification take? If using Aadhaar OTP, just a few seconds.
How to File ITR Online in 2025: Step-by-Step Guide for Salaried, Business & Freelancers
Filing your ITR might sound tricky, but in 2025, the process has become very simple. Whether you earn a salary, run a small business, or work as a freelancer — you can file your Income Tax Return online, right from home. and the best part ? The ITR Filing Support Team at TaxCalleris here to guide you step by step.
You don’t need to hire an agent or visit any office. Just keep your basic documents ready, follow a few simple steps, and you’re done. This guide will help you file your ITR the right way — so you avoid late fees and get your refund without delays.
Pushpanjay Raj Singh | 2021-06-23 10:07:28 | Income Tax
ITR due dates extended to the Financial year 2020-21, AY 2021-22:
The Income tax department extended the due date to file ITR for the assessment year 2021-22 & Financial year 2020-21.
Income Tax Return Due Dates Extended for AY 2021-22: The income tax department has extended the due date of ITR filing for assessment year 2021-22 from 31st July to 30th September 2021. and also extended the ITR filing deadline for companies by one month 31st October to 30th November 2021.
According to the income tax law, for people whose accounts do not need to be audited and who generally file their income tax return using forms ITR-1 or ITR-4, the deadline to file the ITR is the 31st of July. The deadline for taxpayers, such as companies or firms, whose accounts must be audited is October 31. These expiration dates have now been extended.
The income tax return forms (ITR) for FY 2020-21 or assessment year 2021-22 have been notified by the government. The Central Board of Direct Taxes has notified all ITR Forms for AY 2021-22 from 1 to 7 according to Notification No. 21/2021 in GSR 242 (E) dated 31-03-2021 To facilitate taxpayers and minimize the burden of compliance, do not significant changes have been made. performed on this year's ITR Forms compared to last year's Forms ( assessment year 2020-21) it is the first time that taxpayers will have the option of choosing a more beneficial tax regime, The income tax filing exercise for this year will be very important for all income tax payers, as. This year do not have major changes in ITR forms, there should be as little change as possible so that taxpayers feel easy to comply and can report information consistently. In addition to choosing between regimes, taxpayers are required to report dividend income earned in financial year 2020-21 quarterly,
For income generated during the 2020-21 financial year, the AY will be 2021-22. For income earned from April 1, 2020 to March 31, 2021, the ITR must be filed in the assessment year 2021-2022, the last date of which is usually July 31 of the respective assessment year. if it is not extended by the Government by official notifications.
Form ITR 1 and Form ITR 4 are simpler forms that suit a large number of small and medium taxpayers. ITR 1 can be submitted by a person with an income of up to Rs. 50 lakhs and earning income from the source of sala, household property / other sources (interest, etc.).
Likewise, ITR 4 can be filed by individuals, Hindu Undivided Families (HUF) and companies (other than Limited Liability Companies (LLP)) with a total income of up to Rs. 50 lakhs, plus income from business and profession, calculated in accordance with the provisions on presumptive taxation.
Individuals and HUFs who do not have business or profession income (and are not eligible to file ITR 4) can file ITR-2, while those with business or profession income can file ITR 3.
persons other than individuals, HUF and companies, i.e. partnerships, LLPs, etc., may submit Form ITR 5.
Companies can submit Form ITR 6.
Trusts, political parties, charities, etc., those who claim tax exempt income under the Act can file ITR-7.
Compared to last year, there is no change in the way of sumbittion ITR forms.
Who can submit ITR 1?
ITR 1 is for people who are residents (other than ordinary residents) who have a total income of up to 50 lakhs, who have income from wages, home ownership (individual property), interest income, income for family pensions, etc. ... and farm income up to Rs 5,000. Who Can't File ITR1 Sahaj This is not for a person who is a director of a company or has invested in unlisted stocks, or has any carry forward or carry forward losses under Home Ownership Income, or is required to report under the seventh clause. Section 139 (1) of the Income Tax Act.
Who can file ITR 4?
ITR 4 is for individuals, HUF and companies (excluding LLP) that are residents with a total income of up to 50 lakhs, home ownership (individual property), business and profession income, which is calculated in sections 44AD, 44ADA or 44AE or interest income, family pension, etc. and farm income up to Rs 5,000. Who cannot submit ITR 4-Sugam? It is not intended for a person who is a director of a company or has invested in unlisted stock or has a carry or carry loss under Home Ownership Income.
Importance Note: The thing is keep in mind that if you want to get tds refund then you need to file your ITR for same financial year, ncome tax return filing is mandatory for getting tds refund.
When Claim for Income Tax Refund
Every year we file income tax returns (ITRs), but most of us are not sure how the process work of claiming our income tax refund . For the 2019-20 financial year, the latest ITR filing date has been extended from July 31, 2020 to November 30, 2020.
A person can file their tax return offline by uploading the Excel / Java utility form or by online forms available on income tax website (only ITR 1 & ITR 4 form can be filed online).
You are eligible to receive an income tax refund when you have paid more taxes to the government than your actual tax liability. This usually happens when the self-assessment tax and advance tax paid/ or TDS deducted from the taxpayer is greater than a taxpayer's total tax liability. know your tds refund status Click here
1. Process To Request/ Claim Refund Of Income Tax
There is no separate procedure as such to claim of the income tax refund . You can claim your tds refund simply by filing your income tax return in the usual way. Make sure your return is electronically verified via aadhar otp number, EVC generated through a bank account or physically verified by posting the signed ITR-V (acknowledgment of receipt) in the Centralized Processing Center (CPC) within the 120 days after filing the return.
Last year, the income tax department started providing pre-loaded ITRs on the online platform ( income tax website ). The ITR form contains information about salary income, interest income (in case TDS is deducted), and other details. If you file an ITR with the Excel utility, you can download the XML file to pre-fill your ITR.
2. What To Do If The Tds / Itr Refund Is Not Processed In Cpc
Many times, your IT return may not have been fully processed by CPC for some reason and no refund has been issued to you. Note that the taxpayer records, for each assessment year, are transferred by CPC to the jurisdictional assessing officer after a particular period of time. A notice will be sent to the taxpayer informing them of the same. Once the files are transferred to the assessing officer, you can follow up for income tax refund by sending a letter to the jurisdictional assessing officer and personal follow-up at regular intervals.
3. Interest On The Refund Of Income Tax
You may have noticed in many cases that the refund amount received by you is slightly higher than the tax refund amount claimed on your income tax return. This difference represents the interest on the return of income tax. This is payable by the income tax department, if the refund is 10% or more of the tax paid.
Section 244A deals with the interest on the income tax refund and establishes an interest at a rate of 0.5% per month or part of the month on the amount of the refund. Such interest will be calculated from April 1 of the appraisal year until the refund grant date if the refund is due to excess prepaid taxes or TDS. In the event of any discrepancy in the computation of interests, you can submit an online request for their rectification by logging into your account.
Enter PAN, relevant assessment year and captcha image and click "submit". You will see the status of the refund on the next screen. You can also access the Refund payment details reflected on Form 26AS in the "Tax Credit Statement".
5. Adjustment Of Refund Against Pending Demand
The Department may not pay you all refunds owed to you. If you have taxes due for any of the preceding years and a refund due in another year, the income tax department may adjust the refund accordingly. However, the department cannot do so without giving the taxpayer an opportunity to explain why such an adjustment should not be made. Therefore, the tax department must send you an indication under Section 245 regarding its intent to adjust along with instructions on possible ways to respond to the notice. Section 245 allows the taxpayer 30 days to respond. In the event that there is no response to the notice within the prescribed time limit, the department may proceed with the adjustment based on the notice.
In the event that you disagree with the tax claim raised in the notice for any reason, such as an incorrect calculation, the omission of certain deductions or TDS, etc., you can respond online by following the instructions provided in the notice within 30 days.
6. Refund Pending Due To Incorrect Details
Sometimes it happens that you have submitted your ITR with a claim for tax refund but have not received it. the following reasons can be behind it :
1. Once the income tax officer has performed the initial assessment of your verified ITR , and tax officer has determined that no IT refund should be paid to you. tax department will send you after processing your return notice under section 143 (1) of the Income Tax Act the same will be mentioned in notice So if the notice shows a refund that is owed to you, then it will be issued, but if the notice shows a null refund, it means that your refund claim was not accepted as your calculations did not match as per the income tax department's.
2. The income tax department has processed your refund, but you have not received the cheque due to the wrong address or you have not received it due to incorrect bank details or
If your refund is pending due to incorrect details provided by you, you can request the department to reissue your refund amount after providing the correct bank details.
You must log in to the electronic income tax filing website and apply under the "My Account" tab under the "Service Request" option.
Once you have dome your income tax filing and verified it, you should regularly check the status of your return if you have made a claim for refund on the return. This helps you track the processing of your ITR and the refund (if applicable). It also helps to verify if you have made any mistakes when filing the return.
CBDT notifies Income tax teturn 1 to 7 Form: Sahaj- ITR-1, Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6 and Form ITR-7 for Financial Year 2019-20 (AY 2020-21) These forms were notified on January 3, 2020
Latest updates
CBDT provide relaxation in the eligibility conditions for the filing of ITR-1 and ITR-4 for the ( FY 2019-20 ) Assessment year 2020-21.
CBDT released important provisions:
1. A taxpayer who is a co-owner of a house property can file ITR-1 and ITR-4 to report the income from the house property in Assessment year 2020-21, if they meet the other conditions.
2. The ITR-1 form for assessment year 2020-21 is valid for peoples/individuals who have deposited more than Rs 1 crore in bank accounts or have incurred Rs 1 lakh or Rs 2 lakh in electricity or foreign travel, respectively.
1. A person with a carry-forward loss under the head of House Property Income can not longer use ITR-1 to file their tax returns for FY 2019-20 onwards.
2. In case the property of the house is rented, the taxpayer must provide the name and the PAN or Aadhaar of the tenant in the ITR-1.
3. The Nature of Employment has been moved to Part B1 of Salary Schedule of ITR-1 from Part A - General Information .
4. A new disclosure has been added to Part A - Overview of ITR-1 Here, a taxpayer will have to disclose whether he has a valid Indian passport. then shall have to provide passport number
5. A separate column has been inserted in "Income from other sources" for deduction u / s 57 (iv) - in case of interest received on compensation or enhanced compensation according to section 56 (2) (viii).
B. ITR- 4
1. A person with a carry-forward loss under the head of House Property Income can not use ITR-4 to file their tax return for the financial year 2019-20, ( AY -2020-21 ) onwards
2. In case the property of the house is rented, the taxpayer must provide the name and the PAN or Aadhaar of the tenant in the ITR-4.
4. Additional information required by the income tax department from taxpayers using ITR-4 in financial year 2019-20 (AY 220-21) are as follows:
to. Has the taxpayer deposited an amount or a total of amounts exceeding Rs 1 crore in one or more in current accounts during the previous year. If yes, the amount must be reported.
Has the taxpayer spent an amount or a total of the amount that exceeds Rs 2 lakh to travel to a foreign country for himself or for anyone else? If yes, the amount must be reported.
C. Has the taxpayer incurred more than Rs 1 lakh in electricity consumption during the previous year. If yes, the amount must be reported.
5. In case a representative files the ITR-4, the representative's Aadhaar number must be provided on the ITR-4 from financial year 2019-20 (AY 2020-21 ) onwards.
6. Taxpayers using ITR-4 must also disclose the following additional information in Part A- General Information:
If the taxpayer is a partner in a company? If yes, you must provide the name and PAN of the company.
Details of the company's partners, such as name, address, percentage of participation in the company, PAN, adhaar number, interest rate on capital and remuneration paid / payable.
7. The Nature of Employment has been moved to Part B1 of Salary Schedule of ITR-1 from Part A - General Information for financial year 2019-20 onwards
8. The "Business Financial Details" section of ITR-4 has been replaced by "Cash Details and Bank Transactions Related to Presumptive Business". In this tab, the taxpayer must enter the opening balance of cash and bank (aggregate of all bank accounts), receipts during the year and payments or withdrawals made in the previous year.
9. A separate column has been also inserted in ITR -4 "Income from other sources" for deduction u / s 57 (iv) - in case of interest received on compensation or enhanced compensation according to section 56 (2) (viii).
Notes
> Taxpayers should be careful about these new disclosure requirements, before submitting their ITR and selecting an appropriate ITR form
> The online portal used by taxpayers to file income tax returns will be updated with the modified forms. The due date of all income tax returns for financial year 2019-20 was extended to November 30 2020 from July 31 and October 31. The tax audit period also extended by one month to October 31.
> Filing online income tax returns is mandatory for all registered taxpayers, except those who are over 80 years of age and have no income from business or professions.
> Effective April 1, 2017, if you do not file your income tax return by the due date, there will be penalty up to Rs 10,000 under Section 234F.
ITR E-filing is submitting your income tax returns online on Income tax website. There are two option to file your income tax returns. The traditional way is the offline form, where you go to the Income Tax Department office to physically file your income returns. The other way is when you E-file or an electronic file over the Internet. In recent years, electronic filing has become popular because it's easier, requires no document printing, and can be done for free.
Person Required to File Income Tax Return
It is mandatory to file income tax returns in India if any of the following conditions apply to you (according to the Income Tax Law):
1. Earn or received income other than salary, such as house property
2. If you want to claim a refund form department's income tax.
3. Earn or have invested in foreign assets.
4. If you want to apply for visa or loan applications.
5. Company or business, irrespective of profit or loss.
6. If your gross annual income more than-
Particulars
Amount
For individuals age below 60 years
Rs 2.5 Lakh
For individuals age above 60 years
Rs 3.0 Lakh
For individuals age above 80 years
Rs 5.0Lakh
Difference Between Assessment Year and Financial Year
The financial year is the period from April 1 to March 31. The assessment year is the next year that income is taxable.
For example, if your financial year is from April 1, 2019 to March 31, 2020, then it is known as FY 2019-20. The assessment year of the income earned during this period would begin after the end of the financial year, that is, from April 1, 2020 to March 31, 2021. (AY 2020-21)
Have Electronic filing Income tax returns Started for 2019
E filing income tax returns for the 2019-20 assessment year, which is the 2018-19 financial year has begun. The Income Tax Department will launch the new ITR forms after March 31 and electronic filing will be allowed on its website as well as on the TaxCaller Portal. We will include all changes in the new ITR forms to make it easier for you to file your returns electronically. ITR 1 and ITR 4 are now live.
How Much Tax I Have to Pay
Do you want to check how much income tax you are considering paying or see how the deductions affect the income tax you owe? know your income tax liability for the last 2 financial years for using the income tax calculator
What Can I File Multiple Income Tax Returns Electronically
If you want to file multile income tax returns you ned not worry about it just go on TaxCaller Portal send your documents for electronically filing multiple tax returns. You can electronically file your icome tax returns for the current and prior years with the help of axcaller experts from the same login on TaxCaller Portal. You can even suggest for electronically filing of income tax returns to your friends and family from your account on TaxCaller Portal
I have a Form 16, How do I Electronically file my Income Tax Return
5. Experts will electronically file your tax return to receive the recognition number.
6. E-verify your income tax return through aadhaar OTP
How to Reset Your Income Tax Login Password
So, did you lose access to your income tax department login account because you don't have the password and are afraid of being able to present or access it again
Don't worry because TaxCaller Team can help you.
You can reset your password from the Income Tax Department by sending an email to validate@incometaxindia.gov.in with the following details:
1. PAN
2. Name of the PAN holder
3. Date of birth.
4. Name of the father
5. Registered PAN address
It is recommended to link your PAN with Aadhaar and mention it in your income tax returns. If you have applied for Aadhaar, you can mention the registration number on your income tax returns.
What is The Deadline to File Incoem Tax Returns Electronically
The last date to file electronic income tax returns for the 2018-19 financial year is July 31, 2019 date also extended to august 31, 2019. You can file your income tax returns electronically anytime before that, but it's always best to file electronically early to avoid trouble, penalty and heavy website traffic in the last month.
Start filing your income tax returns electronically on Income Tax website
You can also take help of TaxCaller experts for filing your income tax returns
Should I File ITR If I Earned Less Taxable Income
Yes, it is advisable to electronically file your income tax returns even if you are paying taxes. A zero return filing will come in handy when you need to get your tax refund or apply for a loan or visa.
How to Check the Status of ITR-V
After you successfully submit your income tax return, you receive an acknowledgment from the IT department called ITR-V or Tax Return Verification. You will receive an email with your registered email ID from the Income Tax Department containing the ITR-V.
Incometaxindiaefiling.gov.in is a Government of India official website for the Income Tax E filing, income tax website launched for helping income taxpayers to file their income tax returns online. income Taxpayers use this website Incometaxindiaefiling.gov.in to file their income tax tax returns every year.
1. Registration Process for Income tax E-filing on the Income Tax e filng Website
Go to the income tax website through Incometaxindiaefiling.gov.in you will find " register " on right side of income tax website