Question:
Can I still file an Updated Income Tax Return (ITR-U) for AY 2022–23 in this year (FY 2025–26)?
On the Income Tax e-filing portal, I see that updated returns are allowed only for up to 24 months from the end of the relevant assessment year. Since AY 2022–23 ended on 31st March 2023, the 24-month window would have closed on 31st March 2025.
Does this mean I cannot file an updated return for AY 2022–23 now, and the option is permanently closed?
If not, how can I file the updated ITR at this stage?
Thanks in advance.