New Delhi, March 1 -- Those taxpayers who want to updated their income tax return of previous two years can file an updated return before March 31. Although you can file the updated return anytime but it must be done within two years of the end of the relevant assessment year.

This means those who want to update their return of assessment year 2022-23 or financial year 2021-22 must file an updated return before March 31, 2025.

The provision of filing updated return was introduced in Finance Act 2022 when Finance Minister Nirmala Sitharaman announced the facility of updated return wherein taxpayers can file an updated return to correct mistakes or omissions. This was introduced on the payment of additional tax.

Two of the key reasons fo...