The 'Updated Return' (ITR-U) can be filed within: MCQ with Answer and Explanation

Question Report Error

The 'Updated Return' (ITR-U) can be filed within:

A. 12 months from the end of the relevant assessment year

B. No time limit

C. 36 months

D. 24 months from the end of the relevant assessment year

Answer: Option D

Solution (By JKExamLibrary)

Section 139(8A) allows filing updated return within 24 months from end of assessment year, with additional tax.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping

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