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What Are The Due Dates For Filing Tax Returns?
Written by Gagandeep Arora - Printed on - Date - 20th june 2022
Filing tax returns is a mandatory requirement if you fall under a specific income tax bracket. To ease the process the Income Tax department has set the last dates for filing returns for specified individuals without late fees under Section 139. These last dates are known as due dates. The Central Government can change these due dates by issuing notices well in advance. The last date to file the Income Tax Return is one year from the end of the relevant assessment year. Let’s categorise the different due dates according to the specified persons.
The Due Dates For Filing ITR For The FY 2021-22
The Due Dates For Filing Advance Tax For The FY 2021-22
Advance tax is also known as ‘ Pay as you earn’ tax. In other words, the total amount of the estimated income tax is paid to the Income Tax department according to the due dates given by them in the same year the income is received.
Advance tax is also known as ‘ Pay as you earn’ tax. In other words, the total amount of the estimated income tax is paid to the Income Tax department according to the due dates given by them in the same year the income is received.
The Due Dates For TDS Payments
TDS return filing is done every quarter, it can be done online. Let's check out the specified dates to file TDS returns.
The Due Dates For TDS Payments
TDS is the tax collected or deducted by the employer on behalf of the employee and deposited to the Income Tax Authorities. There are specified dates given by the authorities according to the basis of employment. Namely, government employees and non-government employees have to make TDS payments on different due dates.
Conclusion- Early Start Will Be Beneficial
As is evident by the dates above filing a tax return is no more a yearly task. One should be vigilant and start early to remain tension free at the time of filing ITR.
