homepersonal finance NewsHow to submit 'condonation request' if you miss ITR filing deadline

How to submit 'condonation request' if you miss ITR filing deadline

Income tax Return Filing: Condonation of delay serves as a relief mechanism for taxpayers facing penalties due to missed deadlines, offering them a chance to avoid financial burdens upon successful request submission on the e-filing portal.

By Anshul  Jan 30, 2024 5:49:38 PM IST (Published)

2 Min Read

Taxpayers are required to file their income tax return (ITR) within a specified deadline, with a separate timeframe allocated for e-verification to complete the filing process. Failure to adhere to these deadlines results in penalties and scrutiny by tax authorities.
However, the 'condonation request' submission comes as lifeline for those facing delays, providing them with another opportunity to comply.
This request can be submitted through the income tax e-filing portal.