Budget 2026: Filing returns? Don’t sweat I-T, says Nirmala Sitharaman
The redesigned income tax return forms will be notified shortly, with the govt promising simpler language and layouts that allow ordinary taxpayers to comply without professional assistance. The FM said the time limit for filing a revised tax return was being extended from nine months to 12 months after the end of the tax year, leaving enough room to fix mistakes without staring at a penalty.
The redesigned income tax return forms will be notified shortly, with the govt promising simpler language and layouts that allow ordinary taxpayers to comply without professional assistance. The FM said the time limit for filing a revised tax return was being extended from nine months to 12 months after the end of the tax year, leaving enough room to fix mistakes without staring at a penalty.
