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of <h1>Submit Form 69 by March 31, 2023 for income recomputation excluding surcharge or cess under Section 40.</h1> An application for recomputation of total income without considering the deduction of surcharge or cess, previously allowed under section 40, must be submitted in Form No. 69 by March 31, 2023. This form is to be filed electronically with the designated income tax authorities. These authorities will establish procedures for submission and verification, and forward the application to the Assessing Officer. Upon receipt, the Assessing Officer will amend the relevant order, recompute the income, and issue a notice specifying tax payment deadlines. The taxpayer must report tax payment details in Form No. 70 within 30 days of payment.
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