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December 31, 2022, is last day to file belated, revised income tax returns for AY 2022-23

Under the income tax laws if an individual has not filed income tax return for FY 2021-22 on or before July 31, 2022, then December 31, 2022 is the last chance to do so. If this deadline is missed, then individual can only file updated ITR albeit by paying a penalty.
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