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Need to revise return for a.y. 2023-24 and 2020-21

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Nutan Mali (Querist)
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25 December 2024 can I revise a.y 2023-24 return as RECEIVED DEMAND NOTICE

ALSO NEED TO REVISE FOR AY. 2020-21 FOR SAME REASON.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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25 December 2024 No. The time to revise the returns of AY 2023-24 & AY 2020-21 has lapsed.

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Nutan Mali (Querist)
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26 December 2024 can I file updated return u/s 8

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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26 December 2024 Yes, eligible for ITR of AY 2023-24, if any additional tax liability.
For AY 2020-21 updated ITR cannot be filed now.

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