WebAug 5, 2024 · Earlier, an income tax return could be revised only if the original return is filed within due date of filing return. The good news is that from FY 2016-17, even a belated return can be revised. If you have not … WebDec 22, 2024 · Once you have filed the income tax return (belated, revised or updated), make sure that you have verified the same within 30 days. If the filed ITR is not …
ITR-U news: Missed Income Tax Return filing due date for AY …
WebPrescribed Date to file Form ITR-U. Form ITR-U can be filed within two years of the end of the relevant assessment year. The provisions of section 139 (8A) related to the filing of an updated return of income have come into effect from 01.04.2024. Hence, in the financial year 2024-23, updated returns for AY 2024-21 and AY 2024-22 can be ... WebApr 11, 2024 · Yes, Its possible to file ITR of last 3 years through ITR U form What is ITR U ITR-U is the Form that allows you to update your income tax return by rectifying errors for up to two years from the end of the relevant assessment year. Who can file ITR U simon westaway facebook
Filing Revised Return of Income Tax u/s 139(5)
WebJul 30, 2024 · If the income escaped is Rs. one lac or more the notice u/s 148 can be issued within 6 years from the end of relevant assessment year subject to the provisions of section 151.The notice u/s 148 can be issued within 16 years from the end of the relevant assessment year if the income which has escaped assessment is related to assets( … WebJun 28, 2024 · If a person files an income tax return and later realises that they failed to record any income, they have up to two years from the … WebThe last date for filing your income tax return, or ITR, for FY 2024/21 (AY 2024/22) is March 31. The original deadline was July 31, 2024, but that was extended because of Covid; the date was... simon westaway tourism