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

Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also facilitates smooth financial transactions, such as availing loans, credit cards, and visas.

In a significant update for income tax filers, the Income Tax Department has launched the online pre-filled ITR-2 form, simplifying the return filing process for thousands of taxpayers. This change ...