WebApr 12, 2024 · Filing Income Tax Returns (ITR) is a crucial task that every taxpayer in India must undertake every year. ... Loss of refund: If the taxpayer is eligible for a tax refund and fails to file ITR, they will not be able to claim the refund. ... For example, for the financial year 2024-23, the due date for filing ITR would be July 31, 2024. ... WebApr 12, 2024 · In this case, the maximum penalty of Rs5,000 is levied if you file ITR after due date of 31st July 2024 but before 31st December 2024. • There is a special concession for small taxpayers. If total income does not exceed Rs5 lakh, the maximum penalty levied for delay will be limited to Rs1,000 only.
Check Income Tax Refund Status FY 2024-23 - A Detail Guide
WebNov 17, 2024 · By Marc Fortier • Published November 17, 2024 • Updated on November 17, 2024 at 9:05 am. Beginning Tuesday, Massachusetts residents are getting money back … WebFor any refund related query the tax payer should contact Aayakar Sampark Kendra Toll Free No. 1800-180-1961 or email at [email protected]. For refund related query or any … northern lights crossword clue
Penalty for Late Filing of Income Tax Return(ITR) 5paisa
WebOct 16, 2024 · Step 3: The status of your income tax refund will be presented, as shown in the figure below. 2. On the e-filing site: Step 1: Go to the Income Tax Department’s e-filing portal by clicking here. Step 2: Select View Returns/ Forms from the drop-down menu. Step 3: Select ‘Income Tax Returns’ from the ‘My Account page. WebJan 30, 2024 · How to Check Income Tax Refund Status . ... On the e-filing portal of Income Tax Department; Step by Step Guide to Check Refund Status on NSDL Website. Step 1: Go … WebJan 10, 2024 · * Advance Tax collections for the FY 2024-23 stand at Rs. 5,21,302 crore as on 17.12.2024 which shows a growth of 12.83% * Net Direct Tax collections for the FY 2024-23 have grown at over 19.81% * Refunds aggregating to Rs. 2,27,896 crore have been issued in the current fiscal northern lights council boy scouts of america