Nagpur :- With the financial year about to end in a couple of hours, you might be wondering, When you should file your Income Tax Return ?
Well, if you’re an individual or an HUF and you’re not covered under Audit, the Last Date to file your ITR is 31st July, 2023.
Q: Can you file earlier?
A: Yes, you can file before that date.
Q: But, when should you file?
A: To answer this, you need to first find out, if any TDS is deducted from your income of FY 2022-2023?
If Yes, then you should file between 1st June to 31st July 2023.
If No, then you can file anytime between April to July 2023.
Bonus: If someone has deducted TDS from your income during Jan-Mar 2023, then they’ll deposit this in your TDS account with government (Form 26AS) up to 31st May 2023. And before filing your ITR, you must ensure that TDS as per 26AS and TDS you claim in your ITR must match!
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