Income Tax Return | What happen if ITR not file till last date | disadvantage of not filing ITR

Описание к видео Income Tax Return | What happen if ITR not file till last date | disadvantage of not filing ITR

ITR Filing 2024-25, doston last date tak income tax nahi file nahi karne se kya hoga, kitna late fees dena hoga aur itr deri se file karne ke kya nuksan hote hain video me dekhiye

Query :
Is the date for filing ITR extended?
What is the last date for ITR filing in 2024?
What is the penalty for late filing ITR?
Penalty for late filing of ITR
Under Section 234F of the Income Tax Act, 1961, a penalty of up to Rs 5,000 is levied for filing a belated ITR. For small taxpayers, the penalty amount is restricted to Rs 1,000 if the taxable income does not exceed Rs 5 lakh.
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