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The CBDT has extended the due date for furnishing belated and revised income tax returns for Assessment Year 2024-25 in the case of resident individuals. Using its powers under Section 119 of the Income-tax Act, 1961, the last date has been extended from 31-12-2024 to 15-01-2025. This extension applies to returns filed under Sections 139(4) (belated) and 139(5) (revised).
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