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ITR Filing FY 2023-24: What happens if I file income tax return after deadline? Check penalties, consequences for late filing

IndiaTimes Monday, 29 July 2024
Income Tax Return Filing FY 2023-24: The important thing to note is that late or belated filing of ITR means a penalty applies even if the belated ITR shows zero tax payable. Additionally, penal interest on the pending tax payable must be paid when filing a belated ITR.
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