The Income Tax Department has today extended the deadline for filing income tax returns for charitable trusts, religious institutions and professional bodies. The Income Tax Department has extended the last date for filing returns by one month to November 30. Apart from the last date for filing ITR, the Income Tax Department has also extended the due date for submitting audit report in Form 10B/10BB. fund, trust, institution or any university or educational institution or medical institution for the year 2022-23 has been extended by one month to October 31, 2023.
The Income Tax Department said in a statement that
The due date for furnishing return of income in Form ITR-7 for the assessment year 2023-24, which is 31.10.2023, has been extended to 30.11.2023. The Income Tax Department offers different ITR forms for different individuals and institutions. In such a situation, ITR-7 i.e. ITR Form 7 for institutions related to charitable and religious activities, research; And has been filed by the professional body.
Employed individuals can still file ITR
Although the last date for filing ITR for all employed people was July 30, but if you have forgotten to file your return, you can still file your return by paying a penalty. Late filing of returns will attract a penalty of Rs 5,000 for those whose total income exceeds Rs 5,000,00. While the fine is Rs 1,000 for those with total income up to Rs 5 lakh. If you file ITR after December 31, 2023, you will have to pay a penalty of Rs 10,000.