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Over 1.55 lakh updated ITRs filed in May-September

The income tax department had in May this year notified a form for filing updated income tax returns (ITRs). The taxpayer will have to pay an additional amount over and above the due tax while filing ITR-U.
MC Explains | What is updated ITR? How and when should you file ITR-U form?

The much-awaited Updated ITR or ITR-U is now available on www.incometaxindia.gov.in. The e-filing of updated ITR has been enabled for AY 2020-21 & AY 2021-22. In this video we explain what is an Updated ITR; How, when & who can file ITR-U and what are the different parts of this form.

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Itr U

Over 1.55 lakh updated ITRs filed in May-September

MC Explains | What is updated ITR? How and when should you file ITR-U form?