NDTV·2 min read·easy

Income Tax Return Filing: Why Relying On Deadline Extension Can Be A Costly Mistake

AI Summary

Taxpayers are warned against waiting until the final week of July to file their income tax returns, as this often leads to the discovery of financial data mismatches. Relying on potential deadline extensions is described as a risky and costly strategy.

A common issue arises when taxpayers log into the IT portal only in the final week of July. This is often when mismatches in financial data surface.

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Income Tax Return Filing: Why Relying On Deadline Extension Can Be A Costly Mistake — Headlinne — headlinne