If you fail to file the tax return within the stipulated due date, 31 July, you may have to face multiple consequences. Filing a tax return after the due date is known as belated tax return and in such cases some of the benefits get seized. If you fail to file your tax return before due date, you can still …
I am a retired senior citizen having income from pension, dividend, interest on fixed deposits and securities, house rent and share trading. In order to carry forward the loss and utilise it in the forthcoming years, you will need to ensure that the loss is also captured in Schedule CFL of the return form and the tax return is filed …
