New Delhi, Dec. 16 -- While the last date to file an income tax return ended on 16 September, a taxpayer can still file their belated income tax return (ITR) before 31 December 2025.

Being able to file a belated return is an important provision for taxpayers since it would prevent them from incurring any penalty or fine for not clearing their tax liability.

But since you would be filing way past the deadline, you would be liable to pay a late filing fee and interest.

For the uninitiated, if a taxpayer fails to include certain information or makes a mistake in their income tax return, they are permitted to correct the same by filing a revised return. This applies to an error or omission of any kind - intentional or unintentional.

A tax...