Penalty for Late Filing of Income Tax Return of FY 23-24

Penalty for Late Filing of Income Tax Return of FY 23-24

The Due for filing the return of Income Tax for the Financial year 2023-24 (FY 23-24) for Non-Audit cases is 31st July 2024.

Let us know what is the penalty and other consequences for the belated filing of the Income Tax Return (ITR) for the Assessment year 2024-25 (AY 24-25).