ITR-U UPDATED RETURN

This query is : Resolved 

10 January 2023 Can ITR-U be filed for Income Less than Rs.5,00,000. But late Fee Payable Rs.1000?

10 January 2023 Updated return can only be filed if there is any tax liability... the penalty will be 25/50% of the tax payable, depending upon 12/24 months of filing late respectivly...

11 January 2023 So, I can not file return. is it right Sir?


11 January 2023 No, I mean check for any tax liability..... & decide..

11 January 2023 I dont have any Tax Liability. Only Late Fees Sir.

11 January 2023 Correct, in that case you are not eligible to file updated return.



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