articles by Alok Agrawal and Manish Shah


Income tax returns: Ahead of 31 July due date, a look at new changes in the filing process

While the deadline for filing the return remains the same at 31 July, one of the biggest change is the introduction of late filing fees of Rs 5,000 (if the return is filed by 31 December) or Rs 10,000 (if filed after 31 December).