CBDT extends deadline for filing revised ITR to January 15

The earlier last date for filing a revised ITR with late fees was December 31

New Delhi: The last date for filing an Income Tax Return (ITR) for the financial year 2023-24 was July 31, and for those who could not, the time was for filing a revised ITR with late fees was December 31, but now, the Central Board of Direct Taxes has extended this deadline to January 15.

As the last date for filing the GST annual return for the financial year 2023-24 is December 31, GST-registered taxpayers will be required to submit it to consolidate their annual transactions.
For not filing a GST Annual Return (GSTR-9), a company, with a turnover up to Rs 5 crore, will have to pay a maximum penalty of Rs 50 per day (Rs 25 each under CGST and SGST) or 0.04 per cent of turnover.

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