GST Appeal Deadline Extended to 31 July 2026: Who Should File and How?
Summary: The government has extended the deadline for filing appeals and applications before the GST Appellate Tribunal (GSTAT) to 31 July 2026. This extension applies mainly to appeals where the order being challenged was communicated before 1 May 2026, and to...
ITR Filing Last Date 2026: Deadlines, Penalties and Late Filing
Summary: The ITR filing last date for FY 2025-26 (AY 2026-27) is 31 July 2026 for most salaried individuals filing ITR-1 or ITR-2. Businesses needing an audit have later dates. Missing the deadline means a late fee of up to Rs 5,000 under Section 234F (Rs 1,000 if...
What Are the 7 Types of ITR?
Summary ITR forms are chosen by taxpayer type and income profile. ITR-1 suits many salaried residents with simple income. ITR-2 fits individuals and HUFs without business income. ITR-3 is for individuals and HUFs with business income. ITR-4 is for eligible...
What Is the Penalty for Late Filing of Income Tax Return?
Summary Late filing can trigger a section 234F fee. The fee is ₹5,000 for income above ₹5 lakh. It drops to ₹1,000 when total income is up to ₹5 lakh. If tax is still unpaid, interest may also apply. 80c in new tax regime is not available. Taxpayers in Thane often...
