As we enter the last month of the existing financial year 2021-22. Despite being aware of this deadline, most of the investors postpone their income tax planning to the last minute. Last Date for Filing Belated Returns The deadline for filing the income tax return for the Financial Year 2020-21 or Assessment Year 2021-21 ended on December 31, 2021. A …
The deadline to file belated/revised income tax returns for FY 2018-19 has been extended to November 30, 2020, from the earlier one of September 30, 2020. Until assessment year 2017-18, there was no penalty for filing belated income tax returns. Here is how to file an Income Tax Return after the due date: The process of filing a belated return …