What are the consequences of not filing my ITR before the deadline?
Failing to adhere to the deadline for filing your Income Tax Return (ITR) can result in various significant consequences, potentially affecting your financial standing and legal compliance:
1. Penalty Imposition: The Income Tax Act, under Section 234F, mandates a penalty for late filing. This penalty amount varies based on factors such as your total income, the extent of delay, and the tax liability. The penalty can escalate from a nominal sum to as much as ₹10,000 or more, depending on the severity of the delay.
2. Accrual of Interest: Delays in filing your ITR may subject you to interest charges as per Section 234A of the Income Tax Act. Interest is levied on any outstanding tax dues for the period of delay in filing. The interest rate is predefined and compounded, further escalating your financial burden.
3. Delayed Refund Disbursement: A tardy submission of your ITR can result in a delay in receiving any tax refund owed to you by the Income Tax Department. This delay could affect your financial planning and liquidity, causing inconvenience and potential financial strain.
4. Loss of Losses Carryforward Benefits: If you've incurred losses during the financial year and intend to carry them forward to offset against future income, timely filing of your ITR is paramount. Failure to file within the stipulated timeframe may lead to restrictions or disallowances on carrying forward certain types of losses, thereby impacting your tax planning strategies.
5. Potential Legal Ramifications: In cases of persistent non-compliance or egregious delays, the Income Tax Department retains the authority to pursue legal action. This may involve imposing fines, penalties, or even initiating prosecution proceedings under the relevant provisions of the Income Tax Act. Legal repercussions can significantly impact your financial stability and reputation.
To circumvent these adverse outcomes, it's imperative to prioritize the timely submission of your Income Tax Return, adhering to the deadlines specified by the Income Tax Department. Typically, for most taxpayers in India, the due date for filing ITR is July 31st of the assessment year. By ensuring timely compliance, you mitigate the risk of incurring penalties, interest charges, and other unfavorable consequences, thereby maintaining financial prudence and regulatory adherence.
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Ok convinced Peaceful Property is a BL simply because 10 minutes into the episode this happens:
I mean come on!
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What am I supposed to do with the fact that Home moved Peach and Pang into the first (and only) property Home wanted for himself? What am I supposed to do with the fact he dreamed of filling it with friends so he wouldn’t be lonely?
What am I supposed to do with the fact that this place that has “reserved for Home” written by the bed where Peach and Pang sleep is the only place Peach feels the ghosts won’t find him?!
If not BL, why so BL shaped?!
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Ride (Chotun Puttipong) is just an anonymous delivery driver. His helmet, his headlessness, even his name all alienate him from any personal identity. He is simply the labor he provides and nothing more. When Tarnsai (Jennie Panhan) cares enough to appreciate his work (that he would drive late in the rain when others weren't willing) and offer him a cup of coffee (a gesture that has more personal meaning rather than just the money he's earned) he removes his helmet to reveal a face, a real human being, that Tarnsai can form a connection with.
People often misunderstand Marxism as anti-labor, when it's chief concern is actually the dehumanization of the people who are laboring. Peaceful Property is so profoundly interested in remembering the human lives of forgotten laborers. They had struggles and loved ones and dreams and faces. They dreamed of better lives, of homes they could go to when all the work was done. But it's not just the ghosts. Look at how the team had to investigate through pages of renters' names to find Tarnsai because the landlord had no relationship to the tenets. Marxist alienation is about the loneliness everyone can feel when we're limited to these empty commodified relationships.
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Today, we have a bunker for sale. It's not as interesting as a decommissioned missile tower. "Originally constructed in the 1960s at a cost of $4.5 million, an equivalent value today exceeding $34 million, this bunker represents the pinnacle of security and resilience." Located in Polo, Missouri, 35 min. from Kansas City, it has 4bds, 2ba, $2M.
The entrance hall has an industrial look, but they tired to make the home look elegant.
It has 2 massive 3,000 pound blast doors, 2.5-foot-thick concrete walls, additional layers of earth & EMP-resistant copper shielding, plus an emergency escape hatch and a towering 177-ft communication tower.
it's roomy- look at the size of the living room. One must wonder why people decorate these with traditional furniture. It needs colorful, modern stuff.
There's a bar for entertaining.
One of the bathrooms.
This is a soundproof room- it's not as if there are any neighbors around, though.
They have a home office here.
Laundry and stuff. The self-sufficient home has a private water well, a pump, and a 10,000-gallon stainless steel water storage tank, all connected to a Water Filtration System.
And, here's your new hobby- it's a glass blowing studio. I wonder if the owner would teach the new owner how to use it.
Looks like a massive air system.
Above the workshop is a large loft area.
There's a family room- notice the windows above, they are for some of the bedrooms. There's also supposed to be a home theater room, but it's not shown.
On the 2nd fl. is the 2nd bath. Not liking the hole in the wall behind the toilet.
This is the kitchen.
This is an odd place to locate the kitchen w/all this other equipment.
Through the kitchen you can see the upstairs living room.
You can see that the kitchen is on the other side.
The bedrooms are off a hall off of the living room.
The bedrooms.
This area serves as a closet.
The plot of land is 10.5 acres and the real estate description suggests that you can built your dream home on it, over the bunker.
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It's not going to happen but Peach having a classic "Velma looking for her glasses" moment would be really funny. Him on the floor and one of the ghosts hands him the glasses? 10/10
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