Moneycontrol
HomeNewsEye on indiaVideosExplained | How to file or revise your income tax return

Explained | How to file or revise your income tax return

In this edition of the Explained series, find out how to e-file your return and the mistakes to avoid.

October 26, 2020 / 15:47 IST
Story continues below Advertisement

For the assessment year 2020-21, the last date to file your income tax returns without penalty is January 31, 2021.

Moreover, anyone can refile an ITR if there has been a mistake or omission in the original tax return under Section 139(5) of the Income Tax Act, 1961.

Story continues below Advertisement

In this edition of the Explained series, find out how to e-file your return and the mistakes to avoid.

Watch the video for more.

Moneycontrol News
first published: Oct 26, 2020 03:47 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!