ITR Filing FY 2023-24 (AY 2024-25): When is the last date of filing Income Tax Returns?

ITR Filing FY 2023-24 (AY 2024-25) Deadline: As the income tax season approaches, individuals and entities across India must fulfil their civic duty by filing their income tax returns (ITR). Income tax serves as a vital source of revenue for the government, enabling it to fund essential public services and drive national development. By paying their fair share, taxpayers contribute directly to the betterment of society and the nation.

Filing the Income Tax Return (ITR) is a crucial annual task for taxpayers in India. Beyond legal requirements, fulfilling your tax obligations also enables you to claim benefits like serving as valuable proof of income, which can be essential for securing loans, applying for visas, or participating in government tenders, in addition to, claiming tax refunds if you’ve paid excess taxes.

Check | Top 10 benefits of filing Income Tax Returns on time

ITR Filing Last Date FY 23-24(AY 24-25)

As the filing process becomes more streamlined and digitised today, one common mistake taxpayers make is delaying or missing the deadline for ITR filing. As a result, it can lead taxpayers to deprive them of certain rights, attract penalties, and result in interest on unpaid taxes.

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When is the last date for filing ITR FY 23-24 (AY 24-25)?

For the current fiscal year, FY 2023-24, the Income Tax Department has specified that the due date for filing income tax returns is Wednesday, July 31, 2024, for individual taxpayers whose accounts are not subject to audit.

Check | ITR Filing: 10 must-know things before filing income tax returns for FY 23–24

Category of Taxpayer	Due Date for Tax Filing – FY 2023-24 *(unless extended)*
Individual / HUF/ AOP/ BOI (books of accounts not required to be audited)	31st July 2024
Businesses (Requiring Audit)	31st October 2024
Businesses requiring transfer pricing reports (in case of international/specified domestic transactions)	30th November 2024
Revised return	31 December 2024
Belated/late return	31 December 2024
Updated return	31 March 2027 (2 years from the end of the relevant Assessment Year)

Source: Clear Tax

*Please note that these due dates are subject to change and may be extended by the government for a particular assessment year. It is always advisable to check the latest updates and notifications from the Income Tax Department for any changes or extensions in the due dates.

Also Read | ITR filing for FY 23–24: Which form to file—types and eligibility criteria