TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Rule 12AC: File Updated Income Tax Returns Electronically Using Form ITR-U from April 1, 2020 Onwards</h1> Rule 12AC of the Income-tax Rules, 1962, outlines the procedure for filing an updated return of income starting from the assessment year commencing April 1, 2020. Eligible individuals and entities must use Form ITR-U, verifying it as specified. The rule categorizes filers based on their audit requirements and mandates electronic filing, either through digital signature or electronic verification code. The Principal Director-General of Income-tax (Systems) is tasked with establishing secure data capture and transmission procedures, ensuring data security, and implementing archival and retrieval policies. This rule was introduced by Notification No. 48/2022 on April 29, 2022.
TaxTMI 
TaxTMI 
