News & Media 4th Feb 2025
The Hon’ble Finance Minister has proposed extending the deadline for filing updated returns for any assessment year from the current limit of two years to four years. Introduced in 2022, the updated return facility allows taxpayers to voluntarily correct any mistakes or omissions in their original or belated returns.
To shed light on this issue, Business Standard’s Ayush Mishra authors an article on ” Filing updated tax returns extended from 2 to 4 years: Points to remember” with insights from our Partner Dipesh Jain.
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