ITR Filing FY 2023-24: What happens if I file income tax return after deadline? Check penalties, consequences for late filing

Income Tax Return Filing FY 2023-24: The important thing to note is that late or belated filing of ITR means a penalty applies even if the belated ITR shows zero tax payable. Additionally, penal interest on the pending tax payable must be paid when filing a belated ITR. https://ift.tt/ucM4Nv8