News

The Income Tax Department has now made it possible to file updated returns (ITR-U) for Assessment Years (AY) 2021-22 and 2022-23 using the ITR-1 and ITR-2 forms. This move aims to help people fix ...
Introduced under Section 139(8A) of the Income Tax Act, 1961, the updated return framework allows taxpayers to declare income ...
The Income Tax Department has facilitated ITR-U filings for AY 2021-22 and 2022-23, extending the correction window to 48 months as per the Finance Act, 2025. Taxpayers can now rectify errors by ...