Introduction of additional penalty for delay in filing the return is a result of the government becoming more stringent towards income-tax compliance to regularise the system of direct taxation in India. Its vigilance towards the tax evader has increased the disclosure requirement for the salaried taxpayer this year by widening the scope of Income Tax Return (ITR) forms.

Suraj Nangia, Partner with inputs Radhika Arora, Nangia Advisors LLP contributed an article on File your IT return for Financial Chronicle- Opinion page.

File your IT return
File your IT return