Income Tax Department issued reminder to verify ITR

Aug 21, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliance

The Income Tax Department on August 18, 2023, issued a notification reminding not to delay verifying ITR.

The following has been stated namely: -

• ITR should be verified within 30 days of filing

• Delayed verification may lead to levy of late fees of Rs. 1000 and Rs. 5000

 

 


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