Belated ITR Filing:If you miss the ITR filing due date, you can still file a belated return, but you must do so by December 31st of the particular assessment year. For example, if you miss the July 31, 2024, due date for the financial year 2023-24 (assessment year 2024-25), you c...
Due Dates for Filing Income Tax Return For AY 2022-23 What is Updated ITR return? An updated ITR,ITR-U, is an updated return that allows you to update/file any of your previous income tax returns under section Section 139(8A) within 24 monthsfrom the end of the relevant assessment year...
This achievement was particularly special since LTTS has been filing an average of 50 patents every quarter for the past 2 years. We continue to watch the global landscape closely for identifying and leveraging opportunities in unlocking new value paradigms for our stakeholders. Your Company's ...
That is what happened to me and my parents. Our mistake was filing for guardianship, which others used to turn us into human ATM machines. We didn’t know that this had been going on for decades and didn’t find out until we were trapped. Today, I am part of a national human rights...
Section C then provides a figure for what the total financing costs will sum to over the life of the concession. These financing costs are the sum of the interest and other fees associated with the funds borrowed by the concessionaire for the project, as well as a return on its equity in...
Penalties for Late Filing 1) Except as otherwise provided in this Proclamation, a person who fails to file a timely return is liable for a penalty equal to 5 percent of the amount of tax underpayment for each month (or portion thereof) during which the failure continues, up to 25 per ...
is filed after the due date under section 139 (1), it would attract implications of belated return like section 234F etc., Thus, it is advised to check whether the due date for filing the return under section 139 (1) is available or not before discard...
You may be subject to late-filing penalties and interest charges on any unpaid tax balance. The longer you delay, the higher the penalties and interest can become. However, if you are owed a refund, there’s typically no penalty for filing late. What happens If you don’t pay taxes?