The Income Tax Department has officially enabled the filing of Updated Returns (ITR-U) for Assessment Years 2021–22 and 2022–23, giving taxpayers a chance to correct or complete past returns—but only ...
With the Income Tax Return (ITR) deadline of September 15, 2025, just around the corner, the Income Tax (I-T) Department has released Excel Utilities to help taxpayers file updated returns for ...
The issue was whether delayed filing of return bars deduction under Section 10AA. ITAT held that timely filing was not mandatory for the relevant years and allowed the ...