Kothari Rajpopat & Tailor - Chartered Accountants

Important Income Tax Update – FY 2024-25 (AY 2025-26)
✅ Normal or Belated ITR can be filed only up to 31-12-2025.
❌ After 31-12-2025, normal/belated ITR filing is not allowed.
🔁 What is allowed after 31-12-2025?
➡️ Updated Return (ITR-U) can be filed up to 31-03-2028, subject to conditions.
⚠️ ITR-U key conditions:
• Allowed only to disclose additional income
• Refund or reduction of tax not allowed
• Loss or increase in loss not allowed
• Additional tax payable:
– 25% of tax + interest (within 12 months)
– 50% of tax + interest (after 12 months, up to 24 months)

We, Kothari Rajpopat & Tailor Chartered Accountants LLP, are proud to announce that 100% of our articles who appeared for the CA Final examinations held in May 2025 have successfully cleared the CA FINAL results declared today by ICAI.
CA Jagdish Rajpopat