‘If you fail to file Income Tax Returns before July 31…’: CA lists what could go wrong for taxpayers

‘If you fail to file Income Tax Returns before July 31…’: CA lists what could go wrong for taxpayers

As the July 31 deadline to file income tax returns (ITR) for financial year 2023-24 nears, taxpayers find themselves in a bind. Despite the chatter and hopes for an extension, it is highly unlikely that the deadline will be pushed forward –similar to what happened last year when many were left scrambling when the extension never … Read more