The deadline for filing Income Tax Return is 31st July of every year. However, it may vary for certain categories of taxpayers.
No, it is mandatory to have a PAN card to file Income Tax Return.
No, it is not mandatory to file Income Tax Return if you have no taxable income. However, it is advisable to file nil return to avoid any future complications.
The penalty for late filing of Income Tax Return can range from Rs. 1000 to Rs. 10,000, depending on the income and number of days delayed.
Yes, taxpayers can revise their Income Tax Return within the prescribed time limit if they have made any mistakes or errors while filing.