Individuals had until September 16 2025, to file their income tax returns. Filing after this date incurs penalties and limitations, including late fees and potential loss of certain deductions. Choosing the old tax regime requires filing by the original deadline. No HRA tax deduction, EPF 80C deduction, LTA claims deduction if ITR is not filed on or before September 15, 2025.
from Tax-Wealth-Economic Times https://ift.tt/OvXlGE1
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