Quick Summary
Income Tax Department Facilitates Seamless E-Filing: ITR-U Now Available on the Portal for AY 2023-2024 (FY 2022-2023)
The Income Tax Department has taken a significant step towards digital convenience by introducing e-filing options for ITR-U on the Income Tax Portal. This development applies to the Assessment Year 2023-2024, corresponding to the Financial Year 2022-2023. Taxpayers can now easily file their returns online, streamlining the process and enhancing accessibility for a hassle-free tax season.
FAQ :
ITR-U stands for Income Tax Return - Updated, which allows taxpayers to file revised or updated returns.
ITR-U is now available on the Income Tax Portal for Assessment Year 2023-2024.
Assessment Year 2023-2024 corresponds to the Financial Year 2022-2023.
Yes, taxpayers can now file their updated returns (ITR-U) online through the Income Tax Portal.
This development streamlines the process of filing updated returns and enhances accessibility for taxpayers, making the tax season more hassle-free.
CAclubindia
