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      • As per Section 139 (8A) of the Income Tax Act, a taxpayer who has filed an Original ITR under Section 139 (1), Revised ITR under Section 139 (5), Belated ITR under Section 139 (4), or not filed ITR at all can file ITR U i.e. Updated ITR under Section 139 (8A) upto 24 months from the end of the relevant assessment year.
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  2. Jul 17, 2024 · Who can File ITR-U under Section 139 (8A)? Any person who has made an error or omitted certain income details in any of the following returns is eligible to file an updated return: Original return of income, or. Belated return, or. Revised return. An Updated Return can be filed in the following cases: Did not file the return.

  3. Mar 30, 2024 · Section 139 (8A) of the Income Tax Act allows filing an updated return within 24 months from the end of the relevant assessment year. Learn more about eligibility, provisions, and FAQs.

  4. Oct 20, 2022 · e-Filing of Income Tax Return or Forms and other value added services & Intimation, Rectification, Refund and other Income Tax Processing Related Queries

  5. 5 days ago · Yes, you can file an Updated Return (ITR-U) for the Assessment Year (AY) 2022-23. The Income Tax Department allows taxpayers to file ITR-U within 24 months from the end of the relevant assessment year. This means you can file ITR-U for AY 2022-23 until March 31, 2025.

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    • Tax2win
    • Who can file income tax returns under ITR U?1
    • Who can file income tax returns under ITR U?2
    • Who can file income tax returns under ITR U?3
    • Who can file income tax returns under ITR U?4
    • Who can file income tax returns under ITR U?5
    • Eligibility to file ITR-U. Any person can furnish updated return irrespective of the fact that whether: he has furnished/not furnished. – original return. – revised return.
    • Cases in which updated return can be filed: Return not filed previously. Misreporting of income. Wrong heads of income chosen. Paid tax at wrong rate. To reduce carried forward losses.
    • Cases in which updated return cannot be filed: If updated return is nil return, If updated return is return of loss, If filing of updated return results in increase of refund,
    • Time limit to file ITR-U. The time limit to file updated return is 24 months from the end of the relevant assessment year. So, in the current financial year 2022-2023 updated return for assessment year 2020-2021 and 2021-2022 can be filed.
  6. Jan 12, 2024 · Who is Eligible to File ITR-U? Eligibility for filing ITR-U is extended to individuals or entities who have committed errors or omitted specific income details in their original return of income, belated return, or revised return.

  7. Apr 2, 2024 · ITR Form for filing Updated return. Frequently Asked Questions. 1. Persons eligible for filing Updated Return u/s 139 (8A) All persons (Individual, HUF, Firms/LLP, Companies, AOP, BOI etc) are eligible to file Updated returns u/s 139 (8A). But the taxpayers needs to meet the following criteria to file the updated returns.