Budget 2025 extends the time limit for filing updated ITRs from 24 months to 48 months, but taxpayers filing late may have to ...

Also, they can file their ITRs if they didn't do so within the prescribed time limit or failed to file the belated ITR- within two years from the end of the relevant assessment year. Here is the brief ...

For the 2022-23 fiscal, 8.61 crore ITRs were filed. The idea behind comprehensive income tax review as announced in the Budget is to make the tax law simpler. "We will come up with a draft and ...