
CBDT Notifies Form and Manner for filing Updated R...
CBDT Notifies Form and Manner for filing Updated Return in Notification No. 48/2022 dated 29-04-2022. Updated Return can be filed from the assessment year 2020-21 onwards. Return shall be filed in form no. ITR-U alongwith applicable IT form from ITR-1 to ITR-7. Return Can be updated on account of Below: - Return Previously not filed - Income not reported correctly - wrong heads of income chosen - Reduction of Carried forward Loss - Reduction of Unabsorbed Depreciation - Reduction of Tax Credit - Wrong rate of tax - others Income Tax Update Income Tax Returns Income Tax Consultant Income Tax Appeals Income Tax Appellate Tribunal
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