What Date Is Tax Day 2024. Under section 234f of the income tax act, 1961, a penalty of up to rs 5,000 is levied for filing a belated itr. The deadline to file a tax extension was april 15, 2024.
Tax day is april 15th of each year (unless changed by federal government for that year) and. This day commemorates the historical evolution of tax administration in india and the ongoing reforms that aim to enhance tax compliance and simplify the process for.