On Sunday, the Central Board of Direct Taxes (CBDT) said that the Finance Act 2022 has introduced a new provision for filing Updated Income Tax Returns of the Income-tax act. “Over 1.55 lakh updated ITRs have been filed up to September 2. More than 20,000 taxpayers have filed Updated ITRs for both 2020-21 & 2021-22,” the CBDT said. A day before, the CBDT said that it has issued refunds of over Rs 1.14 lakh crore to more than 1.97 crore taxpayers between April 1 2022 to August 31, 2022.
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Finance Act 2022 introduces a new provision for filing Updated Income Tax Returns of the Income-tax act. Over 1.55 lakh updated ITRs have been filed up to September 2. More than 20,000 taxpayers have filed Updated ITRs for both 2020-21 & 2021-22: CBDT
— ANI (@ANI) September 4, 2022
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