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⚡ITR Filing FY 2019-20 Penalty: Govt Doubles Fine Amount For Missing Deadline on December 31

By Team Latestly

The deadline to file Income Tax Returns (ITR) is tomorrow and if you miss the date, then there is a penalty which you need to pay. This year the government has raised the penalty amount for missing the deadline, by imposing a fine up to Rs.10,000 as opposed to the Rs 5,000 imposed last year.

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