hello sir. Mera question a hai k kya hum updated ITR AY 22-23 ka Old regime me kar sakte hain ya nahi
prasad Nilugal
( GST Practitioner & Accounts )
(14861 Points)
Replied 30 March 2025
Last date to file Updated return for Assessment year 22-23 is 31/3/2025 , because today is 30/3/2025 as per your query date , So in my opinion you can file updated return, subject to conditions and restrictions, as per the income tax Act . I think you can not claim any deductions or reduced tax liability like revised return.
Take more Opinion on this.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(184562 Points)
Replied 30 March 2025
You can file updated return till March, 2027; but not in old regime... Only under new regime.
prasad Nilugal
( GST Practitioner & Accounts )
(14861 Points)
Replied 30 March 2025
Dirjlal rambhai, Sir
Time for updated return has been extended from 2 years to 4 years, in budget 2025 , that's why time limit may be 2027 , however is this clause notified till date by the goverment ?.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(184562 Points)
Replied 30 March 2025
Budget passed and enected to act; efective from 01.04.2025........