ITR Filing for FY 2020-21: The Income Tax Department has issued a notice appealing to the people saying that income tax payers should not wait for the last date, but should file ITR before that.
ITR Filing for FY 2020-21: The Income Tax Department has issued a notice appealing to the people saying that income tax payers should not wait for the last date, but should file ITR before that.
ITR Filing for FY 2020-21: With the deadline for filing Income Tax Return (ITR) of Individual and Second Category Taxpayers approaching, the Income Tax Department has expedited its process. The IT department is constantly reminding people to file returns (ITR) through SMS, email and other modes. Today, the IT department issued a reminder call to various employers to remind their employees about filing ITR for AY 2021-2022 (FY 2020-2021).
The Income Tax Department tweeted, “Employers take note! Kindly remind your employees to file their ITR for AY 2021-2022. The due date for submission of ITR for AY 2021-2022 is December 31, 2021. Remind your employees today. Do not wait for the last date. File ITR today.
Attention Employers!
Please remind your employees to file their ITR for AY 2021-2022.
The due date for furnishing of ITR for AY 2021-2022 is 31st December, 2021.
Do remind your employees today.
Let’s not wait till the last date.
Pl visit: https://t.co/GYvO3n9wMf#FileNow #ITR pic.twitter.com/TesQ3Xb6vo— Income Tax India (@IncomeTaxIndia) December 3, 2021
This year’s income tax return will be filed for assessment year 2021-22 or financial year 2020-21. This year ITR is applicable for income earned between April 1, 2020 and March 31, 2021.
What if you miss the deadline to file ITR?
It is advised that you must file your ITR before the expiry of the deadline. If, in any way, you miss the deadline, you can still do so by paying a fine. ITR filing can be done both online and offline. Non-filing or late filing of ITR can attract a penalty of up to Rs 10,000. The penalty will be fixed on the individual’s earnings and also between the window in which the ITR is filed.
