I-T returns filing deadline extended till August 31

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The majority of the taxpayers including the salaried  confront 31 July as the last date for filing their income tax returns. Therefore relaxation by one full calendar month is a huge relief

Earlier this year a new section 234F was put in place by the Finance Act 2018 saying a fee of Rs 5,000 for filing after 31st July or before 31 December and Rs 10,000 for delay beyond 31 December.

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