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Item ID 910732 in Category: Business Opportunities - Investment

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Investigation Division of the Central Board of Direct Taxes


Investigation Division of the Central Board of Direct Taxes
The Investigation Division of the Central Board of Direct Taxes (CBDT) is responsible for enforcing tax laws and investigating cases related to direct taxes in India. It operates under the Department of Revenue, Ministry of Finance, and plays a crucial role in tackling tax evasion and financial crimes.

Directorate General of Income Tax Investigation
The Directorate General of Income Tax Investigation (DGITI) is a law enforcement agency under the Ministry of Finance, Government of India. It operates under the Investigation Division of the Central Board of Direct Taxes (CBDT) and is responsible for investigating violations of India's tax laws, including fraud, evasion, and money laundering.

Chief Commissioner of Income Tax,. . . . Central
The Chief Commissioner of Income Tax (CCIT-Central) is a senior officer in the Income Tax Department of India, responsible for overseeing tax administration, enforcement, and compliance. The CCIT-Central plays a crucial role in assessing tax evasion cases and providing intelligence inputs to the government.

CBDT Notifies Revised ITR-U Form for Filing Updated Returns Under Section 139(8A)
The Central Board of Direct Taxes (CBDT) has introduced a revised ITR-U form, allowing taxpayers to file updated returns under Section 139(8A) of the Income Tax Act. This update, effective from April 1, 2025, extends the filing window and introduces new conditions for compliance.

ITR-U is a special form that allows you to update or correct your income tax return — even if you forgot to file it earlier or missed reporting some income.

Key Changes in the Revised ITR-U Form
Extended Filing Window: Taxpayers now have 48 months (previously 24 months) from the end of the relevant assessment year to file an updated return.
Additional Tax Liabilities:
Filing within 12 months: 25% additional tax on the aggregate tax and interest.
Filing within 24 months: 50% additional tax.
Filing within 36 months: 60% additional tax.
Filing within 48 months: 70% additional tax.
Restrictions on Filing:
Taxpayers cannot file ITR-U if it results in reduced income or a tax refund claim.
If a show-cause notice under Section 148A is issued after 36 months, ITR-U cannot be filed unless the assessing officer determines the case does not qualify for reassessment.
Amendments to Tax Laws:
Section 140B updated to reflect higher tax rates for delayed filings.
Rule 12AC modified to incorporate changes in the ITR-U process.


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Target State: Iowa
Target City : Noida
Last Update : Oct 16, 2025 8:57 AM
Number of Views: 57
Item  Owner  : Corpzo
Contact Email:
Contact Phone: 09999139391

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