Income-Tax Bill 2025 keeps ITR filing dates unchanged for taxpayers for 2026-27

Income-Tax Bill 2025 keeps ITR filing dates unchanged for taxpayers for 2026-27

The newly introduced Income-Tax Bill 2025 has opted to retain the existing deadlines for Income Tax Return (ITR) filing, providing clarity and continuity for taxpayers across different categories. The definition of the due date remains the same, referring to the date by which a taxpayer must file their ITR in the financial year following the … Read more

ITR filing deadline: Bombay HC asks CBDT to extend timing to file ITRs for taxpayers claiming 87A rebate

ITR filing deadline: Bombay HC asks CBDT to extend timing to file ITRs for taxpayers claiming 87A rebate

The Bombay High Court has instructed the Central Board of Direct Taxes (CBDT) to issue a notification extending the deadline for revised and belated Income Tax Return (ITR) filings until January 15, 2025. This extension applies only to taxpayers eligible for claiming the section 87A tax rebate.  This is in response to a Public Interest … Read more