- May 26, 2022
- Posted by: Accountrix
- Categories: Accounting Services, Uncategorized
As per the latest information issued, the last date for filing an Income Tax Return Filing has been revised and extended till 7th July. Being a leading service provider of Income Tax Return Filing In Auckland, we keep you updated with the current norms.
What Is Income Tax Return?
Income Tax Return or ITR is a form in which an individual needs to fill in all the details related to their income and tax thereon. Filing ITR is compulsory to legitimize your earnings and investment and claim an income tax refund.
Who Has To File Income Tax Return Mandatorily?
As per Income Tax Law, any resident individual’s gross total income during the financial year exceeding the basic income exemption limit needs to file an ITR. However, the rules, tax slabs, and exemptions are different for different age groups and gender and depend on other factors that one can check before proceeding further.
What Is The New Date Of Filling An Income Tax Return?
The last date for filing an ITR has been revised and is open till 7th July. So, if you haven’t filled it out yet, hire a Tax Agent today and do it right away. Missing the date can only create liabilities and cost you heavy penalties. So, it would be best to file it before the due date.
If you don’t know anything about the ITR process and looking for professional support, you have already reached one. Accountrix is a team of skilled Accountant In Auckland committed to helping you with tax-related issues. So, without further delays, book your consultation with our experts today.