Penalty Charges You Have To Bear For Delayed Income Tax Return

The taxman has stipulated a penalty amount ranging from Rs 5,000 to Rs 10,000 for filing of income tax return after August 31.

Tax | | Updated: August 24, 2018 21:30 IST
Penalty Charges You Have To Bear For Delayed Income Tax Return

The amount of money charged as penalty or fine for a belated ITR increases based on the degree of delay