Income Tax Return Filing for AY 2022-23- Know about deadlines Click here to Know more….

Income Tax Department has already notified various ITR forms starting from ITR-1 to ITR-7? Filing of ITR on or before the due date is very important for every taxpayer. This article discusses the deadlines for ITR filing for various assessees including individuals, HUFs, LLPs, firms & companies for the A.Y. 2022-23 (FY 2021-22)

Due dates of filing ITR for Companies AY 2022-23

• The due date of filing ITR is generally 31^st July 2022 for taxpayers (non-audit cases). However, in the case of the taxpayers where an audit is required under the Income Tax Act or any other law, the due date of filing ITR is 31^st October 2022.
  
• Since, the companies are required to get accounts audited as per the provisions of the Companies Act, 2013, the due date for the companies may be construed as 31^st October 2022. The companies including One-Person Companies are required to file their ITR in Form ITR-6. You should also keep in mind that if the company is liable for a tax audit, the due date of furnishing the tax audit report is 30^th September 2022.
  
• However, in the case of companies claiming exemption under section 11, Form ITR-7 has been prescribed for Income Tax Filing.
  
• Remember Income Tax returns is compulsory in the case of companies irrespective of the amount of taxable income.