The article explains how the Finance Acts, 2025 and 2026 have reshaped the Updated Return regime under Section 139(8A). It highlights the extended filing timeline and the revised rules governing ...
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Missed filing ITR for last few years? Here's how ITR-U can help you avoid bigger penalties
Taxpayers who have missed filing income tax returns for previous years still have an opportunity to regularise their tax records through the Updated Income Tax Return (ITR-U) mechanism. Introduced ...
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