Income Tax: What is condonation of delay for filing of ITR?

In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...
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Income Tax Alert: File Updated ITR by March 31 to Save on Additional Tax and Interest

Taxpayers have a crucial opportunity to reduce their tax burden by filing their updated Income Tax Return (ITR-U) before March 31, 2025. The Income Tax Department has announced significant relief for ...
Tax Guru

What Happens If You File Your ITR Late? Complete Guide to Penalties & Interest

Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...
The Financial Express

Aadhaar–PAN linking, ITR deadlines and pensioner rules: Major financial changes coming in December 2025

December 31, 2025 is the final deadline to file a belated or revised ITR for FY 2024–25. After this date, taxpayers can only ...