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of <h1>Taxpayers Can Update Income Tax Returns Within 48 Months of Assessment Year Under Section 139(8A)</h1> The document is an Indian Income Tax Updated Return (ITR-U) form for updating income within 48 months from the end of the relevant assessment year. It allows taxpayers to correct previously filed returns, report additional income, or modify income details. The form includes sections for general information, income computation, tax calculations, and payment details. Taxpayers can update returns for various reasons such as unreported income, incorrect income heads, or reducing carried forward losses, with additional tax liability based on the timing of the updated return.
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