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https://mytaxefiling.com/

🏅 Hurry Up! File your Income Tax Return Now!
*(Still Not Late) Last Date 31st December, 2024*

Filed more than thousands of returns

On a drive to help Individuals File their ITR For the financial year 2023-24 (AY 2024-25) Last Date: 31st December, 2024

"Missed the ITR Deadline? No Worries!" Didn’t file your income tax return yet? The window to file a belated return for FY 2023-24 is open until 31st December 2024

File now—it’s quick, simple, and stress-free!

ANSHUL THAKUR

Founder/CEO of over more than 5 Startups and having experience of over a period of 11 years in the CA Industry we have scaled from scratch to one of the best service provider in our industry.

After Filing over 5000+ Income Tax Returns & Working with Over 3000+ Clients

"Trusted Tax Solutions, Just in Time!" Meet CA Anshul Thakur, your go-to expert for income tax returns. With over 11 years of tax consulting experience, Anshul has a proven track record of helping clients file their income tax return. His expert guidance ensures a smooth, stress-free process—even if you’ve missed the deadline. Stay compliant and worry-free with us and let us handle your taxes with confidence and ease.

FILE YOUR ITR NOW, BEFORE IT'S TOO LATE

Have You Ever Thought Of How important is to File Your ITR Even if you are Late

There are a lot more benefits of filing ITR which we all don't know.

FILE YOUR ITR NOW, BEFORE IT'S TOO LATE

25+ Other BENEFITS

Why You Should File Your
BELATED INCOME TAX RETURN

Income Tax Refunds

Claim refunds for excess taxes paid, quickly and easily.

Credit Cards

Boost eligibility by showcasing financial responsibility through returns.

Loans

Improve chances for approval by showing stable financial history.

Visa Applications

Strengthen visa applications with proof of consistent income reporting.

Lower Interest Rates on Loans

Better rates with accurate income documentation through tax returns.

To Stay Compliant

Avoid legal troubles by fulfilling tax obligations on time.

Meet Your Professional

ANSHUL THAKUR

Introducing CA Anshul Thakur, your reliable partner for income tax returns. With more than 11 years of expertise in tax consulting, Anshul has a strong reputation for simplifying tax filing for his clients. Even if you're late in filing, his professional support ensures a seamless and worry-free process

Anshul has always asked our clients to Trust us to handle your taxes efficiently, so you can stay compliant and focus on what matters most.

Belated Income Tax Return Filing Guide

1. Income Tax Return Filing Overview

Filing your Income Tax Return (ITR) is a legal obligation for individuals, businesses, and entities with taxable income in India. Timely filing ensures compliance, facilitates claiming refunds, and helps avoid penalties. The due date for filing ITR for FY 2023-24 (AY 2024-25) was 31st July 2024 for individuals. If you missed this deadline, you can still file a belated return 31st December, 2024. ________________________________________

2. Belated Return Filing (Section 139(4))

A belated return allows taxpayers to file their ITR after the due date but before the specified deadline. For AY 2024-25, the last date to file a belated return is 31st December 2024. Filing a belated return helps avoid severe consequences like notices or prosecution.

Key Points to Remember:

• Deadline: 31st December 2024.

• Eligibility: Individuals, businesses, or entities who missed the original due date.

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3. Penalty for Late Filing of Income Tax Return (Section 234F)

Filing your ITR after the due date attracts a penalty under Section 234F:

• Income up to ₹5,00,000: Penalty of ₹1,000.

• Income above ₹5,00,000: Penalty of ₹5,000.

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4. Interest on Late Filing (Sections 234A, 234B & 234C)

In addition to penalties, interest is charged on unpaid taxes under the following sections:

• Section 234A:

Interest at 1% per month or part thereof on tax due from the original due date until the actual filing date.

• Section 234B:

Interest at 1% per month if 90% of the total tax liability is not paid by the due date.

• Section 234C:

Interest on deferred advance tax payments, charged quarterly.

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5. 87A Rebate (AY 2024-25)

Under the new tax regime for FY 2023-24 (AY 2024-25), individuals with a net taxable income of up to ₹7,00,000 are eligible for a rebate under Section 87A.

Key Details of the Rebate:

• Eligibility: Individuals with net taxable income up to ₹7,00,000 under the new tax regime.

• Rebate Amount: 100% of the tax payable or a maximum of ₹25,000, effectively reducing the tax liability to zero.