The month of July is starting from Monday. The new month is bringing many changes with it. Many such important changes are going to happen from July which will have a direct impact on the pocket of the common man. These changes include income tax returns, changes in banking rules, possible changes in fuel prices, etc. You can check the details here one by one about all the changes that are going to happen from next month.
Last date for ITR filing is 31st July
The Income Tax Department has fixed July 31, 2024 as the last date for filing ITR for the financial year 2023-24 (Assessment Year-AY 2024-25). In such a situation, taxpayers do not have much time left. To avoid last minute rush, you can file your tax return from the official website of the Income Tax Department. Even if you are unable to file ITR by July 31, you will be able to file belated income tax return with late fine till December 31, 2024.