The last date for filing income tax returns for the financial years 2023-2024 has been announced. Taxpayers will have until the due date to file their returns.
According to a recent announcement, the due date for filing income tax returns for the financial year 2023-2024 will be the last day of the month following the month in which the financial year ends. This means that for the financial year 2023-2024, the due date for filing income tax returns will be July 31, 2024.
It is important for taxpayers to file their income tax returns by the due date to avoid penalties and interest charges. Late filing can also result in the loss of certain tax benefits.
Taxpayers are advised to begin preparing their tax returns in advance to ensure that they are filed on time. This includes gathering all necessary documents and verifying the accuracy of their financial information.
In summary, the due date for filing income tax returns for the financial year 2023-2024 is July 31, 2024, and taxpayers should make every effort to file their returns on or before this date to avoid penalties and interest charges.