FinanceMint
ITR filing deadline: Missing July 31 may lead to extra costs

in5points
Missing the ITR deadline results in a late filing fee.
Delayed filing can lead to loss of capital loss set-off benefits.
Filing late may also cause delayed refunds and additional interest.
These consequences can increase your overall tax burden in future years.
Story angle
Center
L
CL
C
CR
R
Near the middle: closer to straight reporting, less party-line spin.
About how the story is framed, not whether the facts are true.
Mint
Center
Mixed factuality
Who owns this?
HT Media
Shobhana Bhartia (KK Birla family)
Business daily owned by HT Media; majority-controlled by the KK Birla family, chaired by Shobhana Bhartia.
Wikipedia: Shobhana Bhartia