ITR Update

1. ​CBDT recently notified ITR forms for Assessment Year (AY) 2022-23, corresponding to the financial year (FY) 2021-22. While applicability of the ITR forms to different categories of taxpayers does not change, certain changes merit attention. ​2. ​Income Tax Department enables UDIN update functionality for Forms filed from June 2021 onwards, […]

Finance Update

Functionality for updating UDIN against the Audit reports submitted by CA users has been enabled at e-filing portal www.incometax.gov.in. This functionality may not be used for updating UDIN for Forms submitted prior to April 2021. In this functionality only those Forms will be shown which are accepted by the Assesses.

ITR & GST Update

1. CBDT Vide its notification no 21/2022 dated 30/03/2022 has notified the Income-tax Return (ITR) Forms (‘New ITR Forms’) for the Assessment Year 2022-23  [Forms SAHAJ ITR-1, ITR-2, ITR-3, SUGAM ITR4, ITR-5, ITR-6, ITR-V and ITR- Ack] . There are many changes in the ITR forms which are consequential to the amendments made […]