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Missed ITR Filing Deadline? Consequences of Failing to File by December 31, 2024

Ryan Peterson 20 Dec, 2024

December 31, 2024, is the final deadline for belated and revised income tax returns. Missing this deadline can result in penalties and missed opportunities for claims and correctio...

Business

Don't Miss the Deadline: Report Foreign Income and Assets by December 31, 2024

Christopher Adams 19 Dec, 2024

The Black Money law introduces severe penalties for non-disclosure of foreign incomes and assets. Taxpayers must report foreign income and assets by December 31, 2024, to avoid leg...