🎯 To File or Not to File? The Return Story That Could Save Your Finances
🎯 To File or Not to File? The Return Story That Could Save Your Finances It's December. You're sipping your morning coffee when a sudden panic hits. "Wait... didn't I miss my tax return deadline ?" 💠If this sounds like you, you're not alone. And here's the good news you still have options . But choosing the right one could mean the difference between keeping your refund and losing it. Let me walk you through a real scenario about tax compliance . A client named Rajesh , a freelancer, realized on December 4th that he'd completely missed the ITR deadline . His initial thought? "I'm too late." But then he discovered two paths ahead: Path 1: Filing a Belated Return → File before December 31st with penalties Path 2: Filing an Updated Return → File up to 24 months with corrections The choice he made teaches us something critical about financial decision-making. Why Belated Returns Are Often the Better Choice ✅ Here's what makes be...