Missed ITR deadline? Here’s how you can file a belated income tax return after July 31 – check deadline for belated ITR, penalties

Income Tax Return (ITR) Filing: For FY 2023-24, the deadline for filing Income Tax Returns was July 31, 2024. However, taxpayers can file a belated ITR by December 31, 2024. Penalties and interest are applicable for late filing, and specific losses cannot be carried forward.