What is an updated return (ITR-U)?

Income Tax
21

Hi - First of all this post is amazing. So thank you!
I had income in India between Jan-Mar 2023 and I forgot to file since I am in the US (and was assuming US tax cycle). The income is based on consulting so tds has been deducted. I don’t think I owe anything.
Do I still need to file for ITRU for FY 2022-23? If yes, I would like for your company to help.
If not, when do I file taxes for this? Note, I don’t expect to make any India income in FY 2023-24.

Thanks much!

1 Like
22

Hey @ammo,

It is recommended to file the ITR since you had income and TDS was deducted on the same.

You can book a MEET, where one of our tax experts can help you file the ITR.

Hope it helps!

23

How do I file ITR3 for AY 21-22?

24

Hey @Shailesh_Tupe,

If you have any tax liability for AY 21-22, you can file an updated return, i.e. ITR- U. You can navigate to the Income Tax Portal and use the utilities to file the same.