The late filing fee is only one consequence of missing the ITR deadline. Delayed filing can also result in the loss of capital loss set-off benefits, delayed refunds and additional interest, increasing your tax burden in future years.
​The late filing fee is only one consequence of missing the ITR deadline. Delayed filing can also result in the loss of capital loss set-off benefits, delayed refunds and additional interest, increasing your tax burden in future years. by Soban News (international And National News)
