New Delhi: As the ITR filing deadline approaches, lakhs of taxpayers are in the last leg of completing their returns. This year, the Income Tax Department has offered some relief by extending the due ...
Section 139(8A) now permits filing of ITR-U within 48 months from the end of the assessment year. However, it cannot be used to reduce tax liability, claim refunds, or bypass departmental ...
The Income Tax Department is expected to release updated Income Tax Return (ITR) forms for the financial year 2025–26 in the coming weeks. This move comes ahead of the implementation of the new Income ...