WebMar 24, 2024 · The time limit for filing ITR-U is 24 months from the end of the relevant assessment year. ITR-U is applicable from 1st April 2024. So during the current financial year 2024-23, you can file ITR-U for AY 2024-21 and AY 2024-22. E.g., The Return of FY19-20 can be updated till 31st March 2024. Should you pay additional tax when filing … WebFeb 6, 2024 · Yes, the revision of Income Tax Return is allowed the last date for filing a revised ITR is December 31 of the relevant assessment year. Thus, the last date to file …
Window to file updated ITRs for 2024-20, 2024-21 now open; …
WebMay 1, 2024 · The Budget 2024-23 has permitted taxpayers to update their ITRs within two years of filing, subject to payment of taxes, a move aimed at helping correct any discrepancy or omissions. A taxpayer would be … WebJul 11, 2024 · The income tax portal now allows the filing of updated ITRs (also known as ITR-U) for ITR forms 2 and 3 for the tax years 2024–21 and 2024–22. Taxpayers cn make changes within two years of filing their tax returns, provided their … circle of viewpoints harvard
income tax regime: New vs old income tax regime: Why you need …
WebMay 24, 2024 · They shall have to check whether payee has filed ITR during the preceding two years, for which time limit of filing has expired. Further, they will have to ascertain whether the aggregate... WebDec 22, 2024 · ITR Filing 2024-21:The last day for filing your income tax return (ITR) for the financial year 2024-21 (FY21) is on December 31. Generally, the deadline for filing of ITRs is on July 31 each year however this year, the last date has been extended twice due to a number of technical issues on the new ITR portal. WebApr 12, 2024 · Do note that paying zero tax does not mean that an individual is not required to file an income tax return. An individual opting for the new tax regime is mandatorily … circle of viewpoints examples