Updated vs Revised ITR — Here's what taxpayers should know about income tax return ahead of 31 December deadline

Income Tax Department gives the taxpaying citizen an opportunity to file a revised income tax return (ITR) and an updated ITR ...
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Fix ITR errors before December 31: Revised vs updated return explained, know which option suits you best

Filing an Income Tax Return (ITR) is an important responsibility for taxpayers, but mistakes during filing are quite common.

Income tax return: Revised ITR vs belated ITR? What taxpayers should note before December 31

A revised or belated return must be filed by December 31 of the relevant assessment year, or before the tax authorities complete the assessment, whichever comes first. Missing this deadline closes the ...