Tax Filing Deadline 2024 For Business In India. As the deadline approaches, there has been a surge in the number of taxpayers rushing to file their returns. For the financial year that concluded on 31 march 2024, the deadline for individuals to submit their income tax returns (itrs) is on july 31, 2024.

Originally set for september 30, the new october 7 deadline offers businesses and professionals a reprieve. The vsv scheme aims to reduce tax litigation in india by offering a simple voluntary dispute settlement mechanism for taxpayers.