Even if you fail to meet the Income Tax Return deadline on July 31, there is no need to panic because you can still make a belated return. The Income Tax Department allows you to file a belated return but will require you to pay a penalty as per the provisions of Section 234F and interest if any tax remains unpaid. You are still not disqualified from filing your return even when you fail to meet the original filing date. It is best to file the return soon to avoid further hassle. What is a belated Income Tax Return? A […]
Indian News
ITR Filing Penalty After July 31: How to File Belated Income Tax Returns Under Section 234F
Even if you fail to meet the Income Tax Return deadline on July 31, there is no need to panic because you can still make a belated return. The Income Tax Department allows you to file a belated return but will require you to pay a penalty as per the provisions of Section 234F and […]