The Income Tax Department has announced that taxpayers can now file updated income tax returns (ITR-U) for the assessment years (AY) 2021-22 and 2022-23 using ITR-3 and ITR-4 forms. The facility was ...
The Income Tax Department has launched Excel utilities for ITR Forms 1 and 4, facilitating ITR filing for the Assessment Year 2025-26. Eligible taxpayers can now download these utilities from the ...
Section 139(8A) now permits filing of ITR-U within 48 months from the end of the assessment year. However, it cannot be used to reduce tax liability, claim refunds, or bypass departmental ...