Last day of filing ITR today. Fine, prosecution if you miss it

According to income-tax rules, if you file your return after the due date but before December 31 of the assessment year, you will have to pay a penalty of Rs 5,000. If you file it between January 1 and March 31 of the assessment year, the penalty goes up to Rs 10,000.

from Hindustan Times - topnews http://bit.ly/2LawWVe
https://ift.tt/2zbki14