Know the Cost to trademark a name and all the fees required
23 Apr, 2024
A new notice has been issued by the Income Tax Department for a new form, mentioning the documents that need to be submitted by the taxpayers for filing updated IT returns- Where taxpayers need to mention the exact reasons for filing it along with the amount of income to be offered as tax.
The reasons given in the ITR-U form also include reduction of unabsorbed depreciation or reduction of tax credit u/s 115JB/115JC or wrong rate of tax or any other reasons given by the taxpayers.
The Budget 2022-23 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.
File Income Tax Return with an advance form online Now.
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