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Deadline over, what if, if you have not filed your IT return?

The due date for filing income tax returns for financial year 2012-13 (FY13) was August 5. (IT filing returns deadline extended by 5 days to August 5)  It was extended by five days because of the increase in the number of e-filing returns that caused a sudden increase in the load of the income-tax portal. What happens if you have not filed your tax return even by the extended date? ...
Find out here...