Understanding late return. A belated return is a late filing of the tax return under section 139(4) of the Income-tax Act. It ...

Many taxpayers believe that income tax returns (ITR) can only be filed by the due date. However, this is not entirely correct ...

Taxpayers filing belated ITRs after the deadline of September 16, 2025, may face late fees, even with no tax liability under the new regime. As per the rule, if your total income is above the basic ...

While you can file belated returns by December 31, 2025, not adhering to the September 15 deadline will attract late-filing fees of Rs 1,000–Rs 5,000, besides other restrictions ...

Persons who had investments in unlisted equity shares at any time during the entire financial year. An individual who is a ...

Late ITR filing incurs penalties, but belated returns can be submitted until December 31, 2025. Updated returns are due by March 31, 2030.| Business News ...

The government has made the new tax regime the default option now. The new tax regime has lower tax rates but also has fewer ...

ITR Filing 2025 Last Date, Due Date, Process, Late Filing Penalty: Taxpayers must report any foreign assets or income, such ...

September 15 is the last date to file ITR for AY 2025-26. Will the Finance Ministry extend the deadline again? Get latest ITR ...

If you end up filing the wrong ITR form, it is advisable that you don’t panic, because the Income Tax Department lets you file a revised return, and there’s no limit on how many times you can correct ...

As of September 15, around 7.08 crore ITRs have been filed, while around 6 crore ITRs have been e-verified. Previously, the ...

More than 7.5 crore ITRs have been filed till September 15, crossing last year’s 7.28 crore ITRs, the CBDT has announced.