– The BOTS event is a prestigious options trading event organized by Traders Gurukul in India
– The deadline for filing Income Tax Return (ITR) for the financial year 2023-24 is July 31, 2024
– Penalties under Section 234F of the Income-tax Act, 1961 will be imposed for late filing of ITR
– No official announcement has been made regarding the extension of the ITR filing deadline
– Taxpayers reported technical issues with the income tax e-filing platform on social media
– Instructions are provided for employees who find that their TDS has not been deposited
– Points to bear in mind while disclosing foreign assets in ITR are listed
– The new simplified tax regime offers lower tax rates and fewer deductions
– The deadline for filing ITR will not be extended beyond July 31, 2024, as confirmed by the Income Tax Department.