Income Tax Return not filed till 31st July? How can I file late ITR? Business News | Jagran BusinessThe Income Tax Department tweeted yesterday that it had been notified that more than 6.50 crore Income Tax Returns (ITR) have been filed for the fiscal year 2022-23 (AY 2023-24) as of the evening of July 31. If you were unable to file your ITR, you can now do so under Section 234F with a penalty. Late tax payment will also result in an interest penalty under sections 234A, B, and C of the Income Tax Act of 1961.

Source: Dainik Jagran August 03, 2023 08:00 UTC