Unprocessed tax returns could block revisions after December 31 deadline

Taxpayers must act before December 31, 2025, as unprocessed ITRs cannot be revised later, potentially affecting error correction and refund claims.

Live Market Updates

Latest Financial News

neutral
2h ago

Unprocessed tax returns could block revisions after December 31 deadline

Unprocessed tax returns could block revisions after December 31 deadline
Taxpayers with pending income tax return processing face an important cutoff, as revised returns cannot be filed after December 31, 2025, if the original ITR remains unprocessed. This restriction can prevent correction of errors and delay legitimate refund claims, particularly where excess tax has already been paid. Experts advise checking ITR status promptly and responding to any outstanding notices. In cases where revision is no longer allowed, taxpayers may explore alternatives such as filing an updated return under ITR-U, though it comes with conditions, or submitting a rectification request for apparent mistakes.