CBDT notifies ITR-U: Know who can file updated return, penalty, last date to file

ITR-U Updated Return: The income tax department has notified the new ITR-U form. This tax form is used by taxpayers who are eligible to file an updated return. The new ITR-U form is notified as Budget 2024 amended the rules regarding filing an updated return in July. Check the new rules for filing an updated return using the new ITR-U form.