Have tax liability over Rs 1 lakh? Waiting till 31 Dec to file IT returns will attract interest penalty
In this episode, Mint's Shipra spoke to Sujit Bangar, founder of Taxbuddy.com about why taxpayers with self-assessment tax liability of over Rs 1 lakh will have to pay a monthly interest penalty of 1% if they haven't filed their ITR yet. Tune in, now!
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