KSCAA writes letter to tax dept about taxpayers being wrongly charged late penalty for ITR filing

Income tax department: KSCAA has reported that the tax department has been erroneously processing many income tax returns (ITRs) and even imposing late filing fees of Rs 5,000 in cases where the ITR was filed before the deadline expired. "Our representation to the Central Board of Direct Taxes highlights critical systemic issues in income tax return processing that are causing undue hardship to taxpayers and professionals," says CA Vijaykumar M Patel.

from Tax-Wealth-Economic Times https://ift.tt/ApXEF6o