How to File Income Tax Returns After the Due Date

Income Tax Filing Services in Delhi

Missed the due date for filing your income tax return? Don’t worry. You can still file a belated return, but there are certain things you should be aware of. With the guidance of Saptax Hub, a trusted CA Firm in Delhi, you can easily file your belated returns and avoid penalties.

What is a Belated Return?

A belated return is filed after the due date but before the end of the relevant assessment year. For example, if the due date for filing the return for FY 2023-24 is 31st July 2024, you can file a belated return until 31st March 2025.

Steps to File a Belated Return

  1. Log into the Income Tax e-Filing Portal
    Log in to the official portal using your credentials.

  2. Select the Correct Assessment Year
    Choose the relevant assessment year for which you are filing the return.

  3. Select the 'Belated Return' Option
    While filling out the return, select the option 'Belated Return' under Section 139(4).

  4. Submit and Verify
    Submit the belated return and verify it either electronically or through physical submission.

Penalties and Interest

Filing after the due date attracts penalties under Section 234F, which can range from INR 1,000 to INR 10,000 depending on the delay. Additionally, interest under Section 234A may apply on the outstanding tax amount.

To avoid further complications, trust the professionals at Saptax Hub, providing Income Tax Filing Services in Delhi. Their expertise will ensure that your returns are filed correctly, minimizing penalties.

For seamless and accurate tax filing, whether you're on time or filing late, rely on Saptax Hub for all your tax needs. With comprehensive Income Tax Filing Services in Delhi and experienced professionals from a CA Firm in Delhi, you can stay compliant and stress-free

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