Filing My First ITR-U: A Quick Lesson
After my CA exams were over, I had a small list of topics I wanted to explore—and ITR-U (Updated Return) was one of them. I had never filed it before and planned to understand it properly once I got some free time. Little did I know, the opportunity to learn it would come sooner than expected—and not through books, but through real work. Once I resumed work post-exams, my principal asked me to file a return for a client. At first, I didn’t realize it was an updated return . It was only when I started going through the client’s files that I noticed the previous year’s return hadn’t been filed at all. That’s when it clicked—this wasn’t a regular return. It had to be filed under ITR-U. Like I always do when I come across something new, I turned to ChatGPT for some guidance. It gave me all the necessary information: the process, applicable sections, and steps involved. With that support, I filed my first ITR-U . Here’s What I Learned: Select the Correct Section You need to select ...