Updated Return U/s 139(8A) for AY 22-23

Can we file ITR U for AY 22 23 if income is above Rs. 2.5 lacs but below 5 lacs by paying late fees Rs. 1000 ?
Thanks.
Replies (3)
Quick Summary
This discussion clarifies the conditions for filing an updated Income Tax Return (ITR U) under Section 139(8A) for Assessment Year 2022-23. It confirms that an ITR U can generally be filed with a late fee, even if your income falls between Rs. 2.5 lacs and Rs. 5 lacs.

Itr U IS GENERALLY FILED in the following cases
1. last two year not filed
2.other notice not answered.
ITR U can be filed.
ITR U can be filed with late fees

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register