File ITR in rush or file belated ITR with late fee?
Synopsis Taxpayers face a choice between filing income tax returns now or later. The income tax return due date is approaching for many individuals. Filing
Synopsis Taxpayers face a choice between filing income tax returns now or later. The income tax return due date is approaching for many individuals. Filing a revised return corrects errors but large deviations may attract scrutiny. Belated returns are an option if the original deadline is missed. Missing the belated deadline has consequences similar to not filing at all.