Budget 2026: Fixing old ITR errors gets costly - late disclosures can go up to 70-80% extra tax

The Budget 2026 introduces significant penalties for correcting past income-tax errors with the updated Income Tax Return (ITR-U) provisions.
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Revised return: Made a mistake while filing your ITR? The government has given you time until March 31st, but keep this in mind.

Revised Return: Since the Union Budget 2026 was presented, there has been a heated discussion among salaried employees and ...