Understand the residential status of companies, HUFs and firms under Section 6 of the Income Tax Act 2025, including control and management tests, POEM, the ₹50 crore threshold and RNOR rules.
![Belated Return Under Section 139(4) [Section 263, Income Tax Act 2025]](https://taxbizmantra.com/wp-content/uploads/2026/07/Belated-Return-Under-Section-1394-768x458.webp)
Missed the ITR deadline? Here’s everything about filing a belated return under Section 139(4) — the 31 December 2026 last date, Section 234F penalty slabs, Section 234A interest, and what you permanently lose by filing late, including loss carry-forward rights and your old tax regime option.
Most salaried taxpayers still rely on Form 16 and Form 26AS while filing ITR. But from Tax Year 2026-27, these forms are changing to Form 130 and Form 168. Understand what changes, what stays the same, and what you must check before filing.
