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Alert for Belated ITR Filing for FY 2023-24

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🚨 ITR Alert! 🚨 Missed the due date for filing your Income Tax Return (ITR) for the Financial Year 2023-24 (Assessment Year 2024-25)? Don't worry! You can still file your ITR by 31st December 2024, with or without late fees.

Who should note this?

  • Individuals (Non-audit cases)

  • HUFs (Non-audit cases)

  • Firms (Non-audit cases)

Late Fees as per Section 234(F):

  • NIL: If your total income does not exceed the basic exemption limit (₹2.5 lakh under the old regime and ₹3 lakh under the new regime) and filed after 31st July 2024 but before 31st December 2024

  • ₹1,000: If your total income does not exceed ₹5,00,000 and filed after 31st July 2024 but before 31st December 2024

  • ₹5,000: If your total income exceeds ₹5,00,000 and filed after 31st July 2024 but before 31st December 2024

Ensure you stay compliant and avoid penalties.

For more information and assistance: 📧 info@taxtime.co.in 📱 Mobile/WhatsApp: +91-8660248378 🌐 www.taxtime.co.in

 
 
 

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