Sushmita Goswami | Mar 25, 2022 |

Attention Taxpayers! Not Filing ITR Can Result in Higher TDS Next Year

Not filing Income Tax Return can result in higher TDS next year. The last date to file ITR for AY 2021-22 is 31st March, 2022. Let’s not wait for the last day!

If you fail to file ITR for AY 2021-2022, TDS Rate Applicable on you, may increase.

Late fee of Rs. 1000 or Rs. 5000 will be applicable as per section 234F of the Income Tax Act, 1961.

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Tags: Income Tax, Income Tax Return, Income tax returns, ITR, ITR FILING, ITR Filing Deadline, Studycafe, Taxpayer, TDS

Author Bio

Name: Sushmita Goswami

Designation: Content Manager

Company: Studycafe

Location: Delhi, India

Total Posts: 973

Sushmita Goswami is a content writer with 2+ years of experience in Finance, Recruitment, Education and career Related Content. She is a Graduate from Delhi University in Journalism and Mass Communication

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