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ITR Filing Last Date Today: What Happens If You Miss The Deadline

If you haven't filed your Income Tax Return (ITR) yet, it's your last chance to do so without incurring penalties. The deadline for most taxpayers, particularly salaried individuals, pensioners, and small businesses not requiring an audit, is Monday, September 15. Earlier, the date was extended from July 31 to give taxpayers more time. Now, the window is about to close. Missing the deadline carries financial and procedural consequences. Penalties If You Miss The ITR Deadline If a taxpayer fails to file their ITR by the due date, the law allows for the filing of a belated return. For the current financial year, belated returns can be submitted until December 31. This comes at a cost. Under Section 234F of the Income Tax Act, late filers must pay a penalty fee. If the total income is up to Rs 5 lakh, the penalty is capped at Rs 1,000 . For individuals earning more than Rs 5 lakh, the penalty rises to Rs 5,000. Beyond this, if any tax is due, the taxpayer will also be liabl...
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FOX NEWS: ‘Bachelorette’ producers contacted ‘backup’ contestants 2 weeks into filming Clare Crawley’s season: report


‘Bachelorette’ producers contacted ‘backup’ contestants 2 weeks into filming Clare Crawley’s season: report



Clare Crawley has only been filming her season of the “Bachelorette” for just two weeks but producers are already in scramble mode.

via FOX NEWS https://ift.tt/2D0kdn4
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