The last date to fill the ITR is 31 December. According to the Income Tax Department, 1,46,812 ITRs have been filed till 12 noon today. Of this, 55,823 returns were filed in just one hour. Explain that the government has extended the deadline for filing income tax returns several times this year.
If the return is filed after December 31, the taxpayer will have to pay a late fee of Rs 10,000. Taxpayers whose income is not more than 5 lakhs, they have to pay only 1000 rupees as late fee.