ITR deadline today: What happens if you don't file your return by 31 July? Check penalties, interest, other consequences

· livemint.com

As the July 31 income tax return deadline approaches, over 5 crore ITRs have been filed till Thursday. Late filers may face penalties and miss out on benefits like carrying forward losses. Check all consequences here.

With the July 31 income tax return (ITR) deadline set for today, the return filing season has entered its final phase. More than 5 crore ITRs had been filed unt...


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