Taxpayers who are yet to file their Income Tax Return (ITR) for the financial year 2023-24 still have time till January 15, 2025, to sort out late returns. Missing this deadline can result in legal notices, penalties, and other complications. Late fee for late filing of ITR Income below Rs 5 lakh: Rs 1,000 late payment Income of Rs 5 lakh and above: Rs 5,000 late fees The initial last date for filing ITR without a late fee is July 31, 2024. How to file your ITR? ol^ Visit the
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