While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, ...
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 ...