Income Tax Department: The Income Tax Department has extended the deadline for filing income tax returns for charitable trusts, religious institutions and professional bodies by one month to November 30.
ITR Filing Deadline Extended: Big news is coming from the Income Tax Department. Now the department has extended the last date to file ITR for many people. The Income Tax Department has extended the deadline for filing income tax returns for charitable trusts, religious institutions and professional bodies by one month to November 30. Along with this, the date of Income Tax Return has been extended for companies.
Date extended by one month
According to the statement issued by the department, the due date for submission of audit report for 2022-23 by any fund, trust, institution or any university or educational and medical institution in Form 10B/10BB has also been extended by one month to 31 October 2023. Has been done.
Earlier the date was 31st October
The department has said that the due date for filing return of income in Form ITR-7 for the assessment year 2023-24, which was 31 October 2023, has been extended to 30 November 2023. ITR-7 is filed by political parties and electoral trusts, as well as institutions and professional bodies involved in charitable and religious activities.
Finance Ministry gave information
Apart from this, the Finance Ministry has said that the ITR date has been extended for companies also. It has been said in a statement that the deadline for filing income tax return in Form ITR-7 for the assessment year 2023-24 has been extended from October 31, 2023 to November 30, 2023.
E-filing desk also formed for returns
Let us tell you that the Income Tax Department has also set up an e-filing desk to remove the problems faced by taxpayers in submitting returns and to provide other assistance. The ministry said that the overall direct tax collection for the financial year 2023-24 has increased by 18.29 percent to Rs 9.87 lakh crore, which was Rs 8.34 lakh crore in the same period of the previous financial year.
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