Due Date of Filing Income Tax Return (Financial Year 2014-15)

Due Date of Filling Income Tax Return for the Financial Year 2014-15 (Non Tax Audit Assesses) is 31.08.2015 

Every Person is required to file income tax return within due date as prescribed under section 139 of the Income Tax act. Section 139 also provide that, who is required to file Income tax return and under which conditions. So before going to the due date for filing of income tax return, first we describing here who is required to file Income Tax return. Thereafter we will discuss due dates for filing of returns of income for different category of assesses Further Mode of filing (whether e file with digital signature or without digital signature or manual/paper filing) has been described in Rule 12 of the Income Tax Rules.

Who is required to file Income Tax return 

  1. Every Company (Whether earn profit or loss)
  2. Every Firm (whether earn profit or loss)
  3. Individual /HUF/AOP/BOI or artificial Judicial person if Total Income plus Deduction under chapter VIA(Section 80C to 80U) ,exemption under section 10,10B,10BA is  than maximum amount which is not chargeable under Income Tax Act.
  4. Other :If income more than maximum amount which is not chargeable under Income Tax Act.
For Men/Women below 60 years of age For Senior Citizens (Age 60 years or more but less than 80 years) For Senior Citizens (Age 80 years or more)
Income Level Tax Rate Income Level Tax Rate Income Level Tax Rate
Rs. 2,50,000 Nil Upto Rs. 3,00,000 Nil Upto Rs. 5,00,000 Nil
Rs. 2,50,001 – Rs. 500,000 10% Rs. 3,00,001 – Rs. 500,000 10% Rs. 5,00,001 – Rs. 10,00,000 20%
Rs. 500,001 – Rs. 10,00,000 20% Rs. 500,001 – Rs. 10,00,000 20% Above Rs. 10,00,000 30%
Above Rs. 10,00,000 30% Above Rs. 10,00,000 30%
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