For AY 2025-26, the deadline is typically July 31, 2025, unless extended by the Income Tax Department. Can I file ITR for previous years? Yes, we support belated filing for up to two previous years (e.g., AY 202
“The decision to opt in (for new regime) for individuals having business/profession income for FY 2022-23 (AY 2023-24) has to be made by furnishing Form 10-IE on or before the due date for filing original return of income under section 139(1). Once ...
Assessment Year: Income Tax return, ITR, is bound to an assessment year. For income earned in FY 2015-6 assessment year is AY 2016-17. Income Tax return forms(physical and excel) of AY 2016-17 and AY 2015-16 are different,. A revised return for the correct assessment year needs to b...