alexa
Indianmoney.com Missed Call Number
 
Home News Delay In Filing Income Tax Return To Attract Fine

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Current AccountClick Here
 
 
Delay In Filing Income Tax Return To Attract Fine

Delay In Filing Income Tax Return To Attract Fine

Thursday, February 2, 2017, 10:56 AM

Taxpayers who delay to file their Income Tax Returns (ITRs) will have to pay penalty up to Rs. 10,000, from the 2018-19 Assessment Year (AY). The memorandum said the decision was being taken "in view of the non-intrusive information-driven approach for improving tax compliance and effective utilization of information in tax administration, it is important that the returns are filed within the due dates."
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!