? Cool Title, but what’s the news?
The extended deadline to file income tax return (ITR) is coming to an end today.
? Okay, but what does it mean?
If you still have not filed your ITR, then it is important you do it as soon as possible otherwise you will be liable to pay a late filing fee.
This year, ITR forms require taxpayers to provide additional information about their income such as salary break-up. Therefore, in the last minute rush, it is important to ensure that you do not end up making any mistakes.
? Why should I care?
The maximum late filing fees for filing ITR after the deadline is Rs 10,000. If you want to avoid this, and have still not filed your Income Tax Return (ITR), today’s the day!
Source: Economic Times