Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
08 Jun, 2026, 09.52 AM IST
Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...
22 May, 2026, 07.21 AM IST
ITR filing 2026: Don’t miss these key income tax deadlines for FY 2025–26 (AY 2026-27)Navigating income tax deadlines for FY 2025-26 (AY 2026-27) is crucial to avoid penalties. The Income Tax Department has set specific due d...
24 Apr, 2026, 11.48 AM IST
Updated tax return: Key factors every taxpayer must knowIf you are confused by personal finance terms, jargon, and calculations, here’s a series to simplify and deconstruct these for you. In the ...
18 Aug, 2025, 06.30 AM IST
ITR filing: December 31, 2024, is last date to file belated, revised return for FY 2023-24, what happens if you miss this deadlineDecember 31, 2024 ITR filing deadline: Income tax laws allow individual to file belated and revised return. A belated return is filed if an...
19 Dec, 2024, 03.36 PM IST
ITR filing deadline missed: A belated ITR for FY2023-24 (AY 2024-25) can only be filed under the new income tax regimeHow to File Belated ITR: A big disadvantage of filing a belated income tax return (ITR) is that, starting August 1, i.e., after the July 31...
02 Aug, 2024, 04.08 PM IST
When is the last date to file a belated ITR?Now that the deadline for income tax return (ITR) filing is over, you can only file a belated ITR by paying a penalty and interest on the i...
01 Aug, 2023, 12.16 PM IST
What happens if you miss the ITR filing deadline of July 31, 2023The rules regarding filing belated returns have been amended from FY 2020-21 (AY 2021-22). Read on to know what has changed and how will im...
31 Jul, 2023, 12.14 PM IST
Missed the income tax return filing deadline? Here's what you can doAn individual taxpayer can still file a tax return after the expiry of the due date of filing income tax return for FY 2020-21. However, he...
06 Jan, 2022, 11.14 AM IST
3 months less to file belated, revised ITR now: Deadline for filing ITR voluntarily is now Dec 31The deadline of March 31 for voluntarily filing of ITR (also the deadline for filing belated ITR) is proposed to be shifted forward to Dec ...
01 Feb, 2021, 08.14 PM IST
Belated, revised ITR deadline extended to June 30, 2020The government has also the extended deadline for PAN-Aadhaar linking from March 31, 2020, to June 30, 2020.
24 Mar, 2020, 07.29 PM IST
Why you should file belated ITR, correct ITR errors before March 31Once this opportunity is missed, then you will not be able to file your ITR for FY 2018-19. In such a case you will be able to file the ITR...
24 Mar, 2020, 10.14 AM IST
Haven't filed ITR for last two FYs? Don't miss the last date March 31The Income Tax Act has permitted filing of a belated income tax return on or before the expiry of 24 months from the last date of the finan...
07 Mar, 2018, 02.25 PM IST
What is a belated income tax return and what are its consequencesIf you think you will miss the extended income tax return filing deadline also, there's still a chance for you to file your return.
05 Aug, 2017, 04.02 PM IST
Here's what will happen if you miss income tax return filing deadlineThe big question right now is what happens if you still miss filing your tax returns before August 5 midnight. Here's what you should know.
31 Jul, 2017, 05.21 PM IST
- File belated tax return with a cool head!
You can still file your return which will be considered as a valid tax return, but just that it would be treated as a 'belated return'. Ten...
17 Feb, 2009, 02.31 PM IST
- File belated tax returns till March '09
All is not over for those who missed the deadline to file tax returns. You could still do so till March 31, 2009, though there are financia...
06 Sep, 2007, 12.00 AM IST