News > Updated Income Tax Return under Section 139(8A) r.w. Section 140B
Updated Income Tax Return under Section 139(8A) r.w. Section 140B
Taxguru | 04/02/2022 01:03 PM | Click to read full article
The article explains Provisions of Section 139(8A) ofc, 1961 related to Updated Income Tax Return Applicability of subsection 8(A) of Section 139, When sub-section 8(A) of Section 139 shall not apply, Time limit for Filing of Updated Income Tax Return and Payment of Additional Tax under section 140B related to Updated Return.
In case a person has not furnished his return of income even then such person can furnish an updated return under proposed subsection 8(A) of section 139 of the Act.5.