Income tax returns: The country's population may be the largest in the world, but Indians are still lagging behind in filing income tax returns. The latest data shows that only 6.68 per cent of India's population filed income tax returns for the financial year 2023-24, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya …
Have you filed your Income Tax Return for the financial year 2019-20? The deadline for Financial Year 2019-20 was earlier extended from July 31 to November 30, 2020 and then to December 31, 2020 and finally to March 31, 2021 in the wake of the coronavirus pandemic. Starting Assessment Year 2018-19 a penalty is applicable under Section 234F of the …
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