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, releases process document for updating UDIN; Clarifies that this functionality may not be used for updating UDIN for Forms submitted prior to April 2021 and the UDIN update facility for Forms filed in April and May 2021 will be enabled shortly.
3. UDIN update functionality has been enabled for 26 forms including Form 29B, Form 3CEB, Form 10DA, Form 3CEA, Form 3CA/CB-CD and Form 15CB; Apprises that the functionality for the following forms will be enabled shortly – Form 26A, Form 27BA, Form 3CEJ, Form 3AC, Form 10CCBBA, Form 10CCBC, Form 10CCBD, Form 10BBC, Form 3CT, Form 10BC, Audit Report SWF.