Taxpayers should note that these changes will only be implemented on the back end for the ITR-2 and ITR-3 forms.
Income Tax Rebate: "The updated utilities for ITR forms 2 and 3 giving effect to the Circular No. 21 dated 31st December 2024 ...
The Central Board of Direct Taxes (CBDT) has extended the deadline for filing belated and revised Income Tax Returns (ITRs) ...
The CBDT has extended the deadline for filing income tax returns for residents to January 15, 2025, from December 31, 2024, ...
The decision follows a recent order from the Bombay High Court, which directed the CBDT to extend the deadline for filing ...
Under the new tax regime, a resident individual taxpayer is entitled to a tax rebate of up to Rs.25,000 under Section 87A of ...
The Bombay High Court has directed the Central Board of Direct Taxes (CBDT) to extend the deadline for filing updated and ...
"This extension is to ensure that all taxpayers are eligible for the rebate under Section 87A.", the court said.
1. Hon’ble Bombay High Court vide interim order dated 20/12/2024 directed CBDT to issue the requisite notification and extend the deadline for the revised and belated ITR filing date till 15/01/2025.