New Delhi, Sept. 4 -- While the last date to file the income tax return for FY 2024-25 is 15 September, the I-T department has enabled the application for condonation of delay under section 12A in filing of Form 10A at the e-filing portal.

For the uninitiated, if a condonation request is accepted, there wouldn't be any need to pay any additional tax, penalty, or interest.

"This form is meant for those taxpayers people who have missed to file their return because of genuine hardship. They can apply for condonation of delay. Essentially, there are two options for the people who have missed to file income tax return. First is to file under ITRU by paying additional tax and penal interest. Another is if taxpayers failed any genuine hardship...