What is ITR-U and How Can It Help You? Filing Income Tax Returns (ITR) correctly and on time is crucial to avoid penalties and notices from the Income Tax Department. However, mistakes can happen. If ...

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.

December 31, 2025 is the final deadline to file a belated or revised ITR for FY 2024–25. After this date, taxpayers can only file an Updated Return (ITR-U), which attracts significantly higher ...