New Delhi. The last date for filing Income Tax Return i.e. ITR (Income Tax Returns) for the assessment year 2021-22 is 31 December 2021. At the same time, the Finance Ministry said on Sunday that more than three crore ITRs have been filed so far for the financial year 2020-21.
Ministry appealed to file return
The ministry has also asked taxpayers who have not filed ITR yet to file their return at the earliest. An official statement said that the number of income tax returns to be filed daily has crossed 4 lakhs and is accelerating further as the date of December 31 approaches.
After December 31, you may have to pay a fine of Rs 5,000
Filing the return after the date given by the government can attract a fine of Rs 5,000. It is mentioned in section 234F of Income Tax. However, if the income of the taxpayer is within Rs 5 lakh, then the rule is to pay Rs 1,000 as late fine. The amount of fine will increase on earning more than 5 lakhs.
How to File ITR
If you want to file your tax return by visiting the e-filing portal, then you can take the help of these steps-
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