Taxpayers who missed the July 31 ITR deadline for AY 2026-27 can still file a belated return under Section 139(4) by Dec 31, 2026. However, late fees, interest, and loss of some benefits may apply, including inability to carry forward certain losses or choose the old tax regime, though most deductions, exemptions, refunds, and revision options remain available.
Business
Missed ITR Deadline? File Belated Return
