The last day to file income tax returns (ITRs) for assessment year 2019-20 (financial year 2018-19) was August 31, 2019. According to the Income Tax Department, about 4.93 lakh income tax returns were filed on August 31, 2019. The taxman said that the total number of ITRs filed from April 1 to August 31 this year rose to 5.65 crore, compared to the corresponding period a year ago. Individuals, who have filed their ITR during this duration, can find information on the status of their submission through the Income Tax Department’s website – incometaxindia.gov.in. This helps them to be aware of whether the ITR has been processed or not and if any further action is required on their part.
How to check the status of e-filed income tax return online:
Step 1: On the Income tax e-filing website – incometaxindiaefiling.gov.in, click on the “ITR Status” option given on the homepage .
Step 2: On the next page, submit details such as PAN (Permanent Account Number) and acknowledgement number. Acknowledgement number is an identification number provided by the Income Tax Department on submission of an income tax return online through its e-filing portal.
Key things to know about filing a belated return
The Income Tax (I-T) department, also allows taxpayers to file belated returns. “Any person who has not furnished a return of income within the time period allowed under section 139(1) of Income Tax Act can furnish return for any previous year – at any time before the end of the relevant assessment year or before completion of the assessment, whichever is earlier,” said the I-T department.
However, a belated return attracts late filing fees. The amount of penalty payable by the assessees filing a late return increases based on the degree of delay.