The discussion questions the scientific basis of the income tax return deadline for AY 22-23, particularly why it's named that way if the filing period extends beyond the calendar year. It clarifies that filing is possible after December 31st using the 'updated return' option, with legal backing from Sections 2(9), 3, and 139(4) of the Income Tax Act.
31 December 2022
IF 31/12/22 IS THE LAST DATE OF FILING A.Y. 22-23 RETURN. THEN WHY WE WILL CALL IT AY 22-23? WHEN NO ANY WORK IN 2023! IS THERE ANY LEGAL EXPLAIN?