Belated ITR Filing: You can file ITR till December 31 with late penalty; know step-by-step process
If you are also among those who missed the deadline of July 31 for the financial year 2022-23 and assessment year 2023-24, then you still have the last chance to file ITR. You can file belated income tax return (Belated ITR) till December 31, however, you will have to pay late penalty.
If your taxable income is less than Rs 5 lakh, you will have to pay a penalty of Rs 1,000 while filing belated ITR. Photo: File/Representational