Tax Audit Due Date For AY 2023-24: date Extended

18th September 2023 ko Central Board of Direct Taxes (CBDT) ne ghoshna ki hai ki assessment year (AY) 2023-24 ke liye Tax Audit Due Date ko 31st October 2023 tak badha di gayi hai. Iska matlab hai ki jo log apne accounts audit karwana jaruri hai, unko apni income tax returns file karne ke liye thoda aur samay mil gaya hai. CBDT ne Form 10B/10BB (audit report) aur Form ITR-7 (trusts aur doosre entities ke liye income tax return) ke liye bhi deadline ko 31st October 2023 tak badha diya hai. In forms ke original deadlines the September 30, 2023, aur October 31, 2023, respectively.

“AY 2023-24 ke liye Tax Audit due date / Last Date

31st October 2023 tak Central Board of Direct Taxes (CBDT) ne ghoshna ki hai ki tax audit ki last date ko badha diya gaya hai. Iska matlab hai ki jo bhi log apne accounts audit karwana chahte hain, unko apni income tax returns ko file karne ke liye thoda aur waqt mil gaya hai. Form 10B/10BB (audit report) aur Form ITR-7 (trusts aur anya entities ke liye income tax return) ke liye bhi deadline ko 31st October 2023 tak badha diya gaya hai. Ye forms pehle ke deadlines the September 30, 2023, aur October 31, 2023, respectively.

Fiscal year 2022-2023 ke liye trusts ko apni income tax returns ko 31st July 2023 tak file karna hoga, chahe unki finances audit ki ja rahi hon ya nahi. Agar trust ki finances audit ki ja rahi hain, to income tax return ko file karne ki last date 31st October 2023 hai. Agar trust ko Form No. 3CEB ke tahat report file karna hoga, to income tax return ko file karne ki last date 30th November 2023 hai.

Bharat ne 2022-2023 ke financial year mein ek naya record banaya hai, jismein 31st July 2023 tak 6.77 crore individual income tax returns (ITRs) file kiye gaye hain, ismein se 53.67 lakh log pehli baar filers hain. Ye pichle financial year 2021-2022 ke mukable mein 16.1% ki tezi se badh kar hai (5.83 crore tak) jise income tax department ne 31st July 2022 tak announce kiya hai.

How To Pay Income Tax After The Deadline

Agar aap deadline ke baad bhi apni income tax return file karna chahte hain, to aapko interest aur late filing penalty bharna padega. Late filing penalty hai Rs 5, ya agar aapki total income Rs 5 lakh se kam hai to Rs 1,000. Late payments par lagne wala interest rate hai 1% har mahine, jo ki deadline ke agle din se lekar payment ke din tak calculate hota hai.

Yad rahe ki income tax department kuch cases mein late filing penalty maaf kar sakti hai, jaise ki aapke paas koi valid reason ho jaise ki medical emergency ya natural disaster. Lekin aapko phir bhi apna return time par file karna chahiye, chahe aapko lagta ho ki aap waiver ke layak hain ya nahi.

Miss karne par ITR file karne ke liye jurmana kya hai?

Late filing fee: Agar aap apna ITR due date ke baad file karte hain, to aapko ek late filing fee deni padegi. Fee Rs 5,000 hai, ya agar aapki total income Rs 5 lakh se kam hai to Rs 1,000.

Late payment par interest: Agar aap apne taxes due date ke baad pay karte hain, to aapko late payment par interest dena padega. Interest rate 1% per month hai, jo due date ke agle din se lekar payment ke din tak calculate hota hai.

Loss Adjustment: Agar aapne stocks, mutual funds, real estate, ya kisi bhi business mein nuksan kiya hai, to aap ye nuksan agle saal apni income se ghata sakte hain. Ye aapke future ke tax burden ko kafi kam kar sakta hai. Lekin dhyan rahe, agar aap apna income tax return deadline se pehle nahi file karte hain, to aap ye nuksan agle saal carry forward nahi kar sakte.

Kaise Karein Revised Income Tax Return File Deadline Se Pehle Seedhe shabdon mein, agar aapne apne pehle tax return mein koi galti ki hai, to aap ise Section 139(5) ka istemal karke sudhar sakte hain. Aapko isko apne pehle return ke tarah hi karna hoga. Lekin ise sudharne ke liye, aapko pura e-verification process karna padega.

Kaun Hai Eligible Income Tax Audit Report Ke Liye?

Agar aap ek vyakti ya vyavsayi professional hain aur aapki kamai Rs 50 lakh se jyada hai ya aapka vyavsay saal mein Rs 1 crore se jyada kamata hai, to aapko apne taxes audit karwana hoga. Extension ka wait na karein; ClearTax e-filing ka istemal karein, jisse aap tez aur aasan tareeke se apna income tax return file kar sakte hain, bas tees minute mein.

Agar aap ITR filing deadline miss kar dete hain, toh iska kya asar hota hai?

1. Late Filing Fee: Agar aap apna Income Tax Return (ITR) specified due date ke baad submit karte hain, toh aapko ek late filing fee bharni padti hai. Yeh fee Rs 5,000 hoti hai, ya agar aapki total income Rs 5 lakh se kam hai toh Rs 1,000.
2. Interest on Late Payment: Jab aap apne taxes due date ke baad pay karte hain, toh aapko late payment par interest dena padta hai. Interest rate 1% per month hota hai, jo due date ke agle din se lekar actual payment date tak calculate hota hai.
3. Loss Adjustment: Agar aapne stocks, mutual funds, real estate ya kisi bhi business mein nuksan kiya hai, toh aapko ye nuksan agle saal apni income se ghata sakte hain. Ye aapke future ke tax liability ko kaafi kam kar sakta hai. Lekin dhyan rahe, agar aap apna income tax return deadline se pehle nahi file karte hain, toh aap ye nuksan agle saal carry forward nahi kar sakte.

Kaise Karein Revised Income Tax Returns Deadline Se Pehle:

Seedhe shabdon mein, agar aapke pehle tax return mein koi galti nikalti hai, toh ise sudharne ke liye Section 139(5) ka istemal kiya ja sakta hai. Is process mein pehle ke return submit karne jaisa hi hota hai, lekin ise sudharne ke liye pura e-verification process karna padta hai.

Kaun Hai Eligible Income Tax Audit Report Ke Liye?

Agar aap ek vyakti hain jo Rs 50 lakh se jyada kamati hai ya ek vyavsayik jo saalana Rs 1 crore se jyada kamata hai, toh aapko apne taxes audit karwana padega. Extension ka wait karna advisable nahi hai; iss jagah ClearTax e-filing ka istemal karein, jisse aap tezi se aur seedhe taur par apna income tax return file kar sakte hain, bas tees minute mein.