WebFeb 4, 2024 · Additional tax payment by an individual chosen for filing of the updated returns u/s 139 (8A) is indeed needed with the below-mentioned rates: From December of the AY … WebFeb 26, 2024 · Updated Return u/s 139 (8A) – A Comprehensive Snapshot of the New Type of ReturnBiggest Amendment in Budget 2024 The Union Budget 2024, presented by the Hon’ble Finance Minister, explored many important changes in the Income Tax Law but the biggest amendment was the introduction of a new type of return of income.
How to file updated return u/s 139 8A for AY 2024-21 & AY
WebHow to file updated return u/s 139 8A for AY 2024-21 & AY 2024-22 Income Tax Return How to File ITR U Form Online on Income Tax Portal ITR U Updated Income Tax Return... WebMay 5, 2024 · Updated Return u/s 139 (8A) kowsalya , 05 May 2024. Share. As a step towards achieving the Tax certainty, the Finance Bill 2024 has introduced the new provisions vide Section 139 (8A) of the Income Tax Act enabling the taxpayers to file the Updated Return subject to certain conditions which will come into effect from 01.04.2024. grandps3 theft auto 5 cheat codes for tank
All you need to know about filing updated income-tax returns …
WebThe IRS tax refund schedule dates according to the IRS are 21 days for e-filed tax returns and 6 to 8 weeks for paper returns. So, in theory, if you e-file your tax return , on the … WebApr 8, 2024 · Interest Payable under this Act while furnishing Return U/s-139 (8A) Less Interest Paid in Earlier Return. - As determined u/s-140B (1) & 140B (2) • Situation-2: Return u/s-139 (8A) furnished. o After expiry of 12 months from the end of relevant A.Y. o Before completion of 24 months from the end of relevant A.Y. WebJul 29, 2024 · In the Finance Bill, 2024, a new Section 139(8A) was inserted in the Income-Tax Act, 1961 (ITA). Any individual can file an updated tax return for the last two financial years, as per this provision. grand psychanalyste