What is ITR-U ? | Know the Concept of Updated Return | CA Anoop Bhatia

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. Dear Friends, as you may be aware that Hon’ble Finance Minister has declared an ‘Updated ITR’ scheme / option for taxpayers in her latest Budget Speech (2022). In this context the Government of Indian issued a notification dated 29.04.2022 by detailing the scheme coupled with insertion of Rule 12AC in Income Tax Rules 1962. This video accordingly is a comprehensive discussion on ITR-U or Updated Return in form of trying to find out answers to important relevant aspects for benefit of taxpayers. I hope you will find this video useful and effective. Your precious suggestions and questions are most welcome.

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