Updated Return of Income: A nudge to come clean through incentive of No Penalty and no Criminal Prosecution

Welcome to the Taxmann Podcast!We are proud to present our new special season featuring Dr. Pushpender Puniha, former head of the Faceless Assessment Scheme. Dr. Puniha is an alumnus of St. Stephen's College and the University of Southern California.His lifelong passion is the study of economics, finance, and income tax.In this sixth episode, Dr. Puniha will discuss provisions related to Updated Return. The Finance Act, 2022 has introduced the concept of updated return wherein taxpayer is allowed to file return irrespective of the fact whether he has earlier filed the original, revised or belated return.Connect with Dr. Puniha: [email protected] our Content? Follow Us for More!• Like us on Facebook: https://facebook.com/taxmannindia• Follow us on Twitter: https://twitter.com/taxmannindia• Follow us on LinkedIn: https://www.linkedin.com/company/taxmann• Follow us on Instagram: https://www.instagram.com/taxmannindia/• Subscribe to Taxmann's Telegram Channel: https://t.me/taxmannprofessionals• Subscribe to Taxmann's Free Newsletter for Tax & Corporate Laws of India: https://www.getrevue.co/profile/taxmannindia• Subscribe to Taxmann's YouTube Channel: https://www.youtube.com/c/TaxmannIndia