ITR filing: Did you miss the December 31 deadline? What you can do is as follows:
The Income Tax Return (ITR) for the fiscal year 2020-21 was due on December 31, 2019. If you miss the deadline, you can still submit a ‘belated ITR.’ A ‘belated return’ is when an income tax return is filed beyond the due date. However, taxpayers will be required to pay a penalty fee, as set … Read more