Belated Return:
A belated return is a return filed after the initial deadline (31st July) but before the extended deadline (31st December of the assessment year). While late filing has consequences, it's still better than facing potential penalties for non-compliance.
The due date to file income tax return for the Financial Year 2022-23 ended on 31st July 2023. If you missed filing your ITR within the original deadline, then you can file a late return, known as Belated Return.
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