banner_ad

ITR U Updated return

Others 363 views 4 replies
Sir can I file the previous year return with less than 2.5 lakh income under ITR U Updated return
Replies (4)

No, not eligible..                 

Only those who have already filed their ITR can file ITR U if there is any mistake or error which do not decrease tax liability or increase refund.
*Eligibility for Filing Form ITR-U:*
Persons eligible to update returns for FY 2019-20 and subsequent assessment years as per newly inserted section 139 8(A) of the act, are:
any person, who has furnished his original return of income,
or furnished belated return,
or furnished revised return
can now furnish an updated return in case of any omission or wrong statement in his earlier return of income by such person.

*In case a person has not furnished his return of income even then such person can furnish an updated return via Form ITR-U*. A assessee would be able to file only one updated return for each assessment year.
Itr U conditions are seperate .it satisfies conditions of Sec 1398A


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details