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AI Image : If the assessee is unable to file the revised return within the specified time limit or where there is no omission or mistake in filing the original return, section 139(8A) provides for filing of an updated return.

Can You Correct An Old ITR? Updated Return Rules You Should Know

The deadline for filing a revised return may have passed, but taxpayers can still correct certain mistakes by filing an updated return within the prescribed time limit.

BY Sanjeev Sinha

Calculate & Plan your future with ICICI Prudential Life's retirement calculator

What Is An Open Offer Buyback?
What Is An Open Offer Buyback?

A share buyback allows a listed company to use its capital to buy its own outstanding shares from the secondary stock market. The Securities and Exchange Board of India (Sebi) announced the reintroduction of open market share buyback on June 19, 2026. Now, listed companies will be able to undertake share buyback through the open market offer route from August 1, 2026. The reintroduction provides regular retail shareholders an additional avenue to sell their shares directly on stock exchanges during the active buyback period, thus enhancing transparent market prices.

BY Ayush Khar

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