New Delhi, July 4 -- In a significant move aimed at improving taxpayer convenience, the Income Tax Department has enabled the online submission of Form ITR-B for those who have received notices under Section 158BC of the Income Tax Act. This update allows taxpayers to file their return through the e-Proceeding tab on the official income tax portal: https://incometax.gov.in/iec/foportal/

Section 158BC applies when undisclosed income is unearthed during search or seizure operations conducted by the Income Tax Department. This section empowers the assessing officer to serve a notice requiring the taxpayer to file a return for a block assessment period, typically spanning six assessment years prior to the search. The return must be filed usi...