8 Blunders to Avoid While Filing Tax Returns
8. Missing Deadlines
Procrastination or ignorance should not come in the way of filing tax Returns. Assessees must be mindful and aware of the due dates, failure to comply will lead to penalty and fines which could have been easily avoided if schedules were respected.
Another key concern with late filing is that when mistakes are discovered in the Income Tax Return after submission, the ITR can be refiled. This luxury is lost when the original ITR is filed beyond the due date.
