scorecardresearchTaxpayers can file updated returns for past two years in line with the latest rules

Taxpayers can file updated returns for past two years in line with the latest rules

Updated: 16 Aug 2022, 03:54 PM IST
TL;DR.
Tax assessees can file updated returns to rectify the mistakes made in the past two income tax returns, but they must make sure that they cannot file an updated return when there is no additional tax outgo. Read further to know more on this
The updated return can be filed within two years from the end of the relevant financial year

The updated return can be filed within two years from the end of the relevant financial year