In fact, 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 has started from June 15, 2022. Government told the deadline Actually, like the last two years, this time too 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 without delay. If you do not fill it before the deadline, then you may have to pay a penalty. Apart from this, the load increases when more taxpayers file returns on Income Tax E-filing website. 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 income tax return after the deadline, then you will have to pay interest on tax along with penalty under section 234A and under section 234F of income tax. Detailed deadline for filing ITR Apart from this, let us tell you that the last date for filing 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 audit is October 31, 2022. And for those who have business and in which TP report is required, the last date for filing income tax return is November 30, 2022. That is, the department has introduced a deadline for all types of income tax payers, if you do not pay tax before the deadline, then you will have to pay a penalty.

The post ITR Latest Update: The government gave a big update on the last date to file ITR, know what is the deadline now? first appeared on Rightsofemployees.com.

The last date for filing ITR for the financial year 2021-22 or assessment year 2022-23 is 31 July 2022.Many taxpayers have filed their returns so far 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.

The revenue secretary said, ‘People were thinking that the dates would be extended, because this has happened in the past. Due to this reason the pace of filing returns was slow in the beginning, but now 15-18 lakh returns are being submitted daily. In the coming days, it may increase to 25-30 lakhs.

How can I file Income Tax Return?

• First of all go to https://eportal.incometax.gov.in/iec/foservices/#/login.
• Enter your User ID here and then click on Continue. Enter your password and login. If you do not remember the password, click on Forgot Password and you can create a new password.
• After login, click on e-file. After that select the option of File Income Tax Return.
• 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 the option ‘Personal’.
• 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 and now you can do E-Verification to verify your return.

The post ITR Latest Update: Will the ITR filing date be extended? Learn the easy way to file returns sitting at home first appeared on Rightsofemployees.com.

These documents are mandatory

For filling ITR on the e-filing portal, you must have some important documents, such as PAN card, Aadhar card, Form 16, bank account details, investment details with proofs and other income proofs. Apart from this, linking of PAN and Aadhaar is mandatory for filing ITR. Also your e-mail ID should also be registered with the Income Tax Department.

Things to keep in mind while filing ITR

If you have changed jobs during the last financial year i.e. 2021-2022, know how you have to file ITR. For this, you will need Form 16 issued by both the companies while filing ITR. It is worth noting that it is necessary for companies to issue Form 16 by 15th June every year. Actually, this Form 16 contains the details of the salary received from the company. In this information is given that how much TDS has been deducted by the company during the financial year.

Add gross salary

While filling the ITR, keep in mind that there is a column of gross salary in Part B of Form-16. Add the deduction claimed by you and the allowances that are not chargeable to tax. According to the rule, in this you have to add the total gross salary received from both the companies. Apart from this, the amount of HRA, (HRA), LTA will also have to be added from both Form 16. By adding this, you will get the amount on which you have to claim tax exemption. That is, if you have joined a new job in this financial year, then definitely take care of these batons while filing income tax.

The post ITR Latest Update: How to e-file income tax return after job change, see here complete process first appeared on Rightsofemployees.com.