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π¨ Missed the ITR Due Date of 31 July 2026? Don't Panic Yet!
Many taxpayers believe that once the 31 July 2026 deadline is over, they have no option but to pay late filing fees. That may not always be the case. π’ The next important due date is 31 August 2026, applicable to non-audit business owners and professionals. Depending on your facts and circumstances, you may still have an opportunity to file your Income Tax Return without attracting a late filing fee. β οΈ Before you file your return, make sure you understand: β
Which due date
info687334
Aug 11 min read
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π’ Income Tax Return (ITR) Filing 2026 β Why Wait Until the Last Date?
β³ The earlier you file, the better your peace of mind! For Financial Year 2025-26 (Assessment Year 2026-27): ποΈ 31st July 2026 β‘οΈ Salaried Individuals, Pensioners & Other Non-Business Taxpayers (ITR-1 / ITR-2) ποΈ 31st August 2026 β‘οΈ Non-Audit Business Owners & Professionals (ITR-3 / ITR-4) β οΈ Last-minute filing often leads to: β Missing important income disclosures β Errors in tax calculations β Delayed refunds β Interest and penalties, where applicable β Unnecessary stress
info687334
Jun 191 min read
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πΌ GST Compliance Services β Taxtime Consultancy Group
Your Partner in Profitable Compliance π Smart Businesses Choose Compliance Before Penalties Choose Them Every rupee you spend on...
info687334
Aug 14, 20252 min read
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Advance Tax Alert β Financial Year 2024-25 (AY 2025-26)
For taxpayers with liabilities of βΉ10,000 or more, the due dates for advance tax installments are: 1st Installment: June 15 2nd...
info687334
Aug 20, 20241 min read
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π Mastering TCS Compliance: A Guide for Businesses π
Tax Collected at Source (TCS) compliance is critical for businesses involved in specific transactions. Hereβs how to ensure your TCS...
info687334
Aug 12, 20241 min read
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π¨ GST Compliance Alert π¨
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Due Dates: GSTR-1 for July 2024: 11th August 2024 GSTR-1/Invoice Furnishing Facility (IFF): 13th August 2024 Missing these deadlines...
info687334
Aug 7, 20241 min read
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