Ravi Agarwal, the chairman of CBDT said taxpayers who haven't disclosed their foreign income or assets in their ITRs have time till December 31 to do so
The deadline to file income tax return (ITR) is November 15, 2024, for taxpayers subject to an income tax audit as well as some other designated taxpayers
The number of taxpayers with over ₹1 crore of taxable income rose by over five times to 2.3 lakh in the assessment year 2023-24, compared to 44,078 in 2013-14