ITR filing deadline is over: Received a tax notice after July 31 due date? Here's how you should respond
· livemint.com
Taxpayers should not overlook income tax notices post-ITR submission. Responding promptly via the e-filing portal is crucial to avoid penalties, as non-compliance can lead to higher tax assessments and even prosecution in severe cases.
The July 31 income tax return (ITR) filing deadline may be over, but taxpayers should not assume that their compliance journey has ended. The income tax departm...