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It's fine if you have already submitted the return or can do so before the deadline. But what happens if you don't submit the ITR by the deadline of July 31?
The countdown for the last date for filing Income Tax Return (ITR) is July 31, just four days away.
ITR Filing: The government extended the timelines of filing tax compliances amid COVID-19 Amid the second wave of the COVID-19 pandemic, the government, earlier last month, announced the extension of filing income tax returns (ITR) for the financial year 2020-21 by two months, till September 30. In order to provide relief to taxpayers and address difficulties faced by them during the pandemic, the Central Board of Direct Taxes (CBDT) also extended the timelines for various tax compliances under the Income-Tax Act,1961. However, the last date to file the TDS return or tax deducted at source...
Income Tax Return Filing 2021: Amid COVID-19, the government extended the due date of filing income tax returns for the financial year 2020-21 by two months till September 30