ITR-U Rectification: CPC Transfers Cases to Jurisdictional AO
Filed ITR-U earlier? Your Sec 154 rectification rights now rest with the Jurisdictional AO, not CPC. See why it changed, risks, and action steps to stay compliant. Quick Refresher — What Is ITR-U? ITR-U (under Sec 139 (8A)) lets taxpayers voluntarily update a return within 24 months, paying additional tax to avoid penalty or prosecution. […]