There can be interest penalty under section 234A of the Income-tax Act, 1961 if taxes are paid after the deadline of filing ITR has expired. However, it is important to note that the last date of filing ITR varies for different taxpayers.

It’s important to ensure that you file your income tax return (ITR) on-time, i.e., before the deadline, to avoid paying a late filing fee. Further, there can be interest penalty under section 234A of the Income-tax Act, 1961 if taxes are paid after the deadline of filing ITR has expired.

However, it’s important to note that the last date of filing ITR varies for different taxpayers. As per current income tax laws, for individuals, Hindu Undivided Families (HUFs), the last date of filing ..