Belated ITR: What is the process for filing belated income tax return, what is the penalty?

Belated ITR: Many taxpayers are unable to file returns by the last date for filing income tax returns. There is a provision for filing belated returns for them. However, taxpayers have to pay a penalty for filing belated returns. Belated ITR: If a taxpayer is unable to file a return by the last date for … Continue reading Belated ITR: What is the process for filing belated income tax return, what is the penalty?