ITR Filing Online FY 2022-23: Forms & Updated Return Options

Introduction

ITR Filing Online FY 2022-23 refers to filing an Income Tax Return for income earned between 1 April 2022 and 31 March 2023. The corresponding assessment year is AY 2023-24. Taxpayers were required to report income from salary, house property, capital gains, business or profession, and other applicable sources through the correct Income Tax Return form.

The normal filing period for AY 2023-24 has already ended. However, taxpayers searching for ITR Filing Online FY 2022-23 in 2026 may still have an option under the updated return provisions of Section 139(8A), subject to prescribed conditions.

The Finance Act, 2025 extended the updated return window from 24 months to 48 months from the end of the relevant assessment year. This change allows eligible taxpayers to correct certain past non-compliances over a longer period.

What Is ITR Filing Online FY 2022-23?

ITR Filing Online FY 2022-23 means reporting income earned during FY 2022-23 to the Income Tax Department for AY 2023-24.

The financial year is the period during which income is earned, while the assessment year is the following year in which that income is assessed for tax purposes.

Therefore, income earned from 1 April 2022 to 31 March 2023 belongs to FY 2022-23 and is reported under AY 2023-24.

An Income Tax Return generally contains details of total income, deductions, exemptions, taxes paid, TDS or TCS credits, and the final tax liability or refund, as applicable.

Choosing AY 2023-24 is therefore essential while handling ITR Filing Online FY 2022-23. Selecting the wrong assessment year may result in income or tax information being reported for the wrong period. Taxpayers who want a broader understanding of the return filing process can also refer to Ebizfiling’s ITR Filing Guide.

Who Was Required to File ITR for FY 2022-23?

The requirement for ITR Filing Online FY 2022-23 depended on the taxpayer’s status, income level, sources of income, and other conditions prescribed under the Income-tax Act, 1961.

Individuals and HUFs were generally required to file a return where their income exceeded the applicable basic exemption limit, subject to the provisions in force for AY 2023-24. Filing could also become mandatory in certain specified situations even when total income did not exceed that threshold.

Businesses, professionals, firms, LLPs, companies, and other entities were subject to separate filing requirements based on their status and applicable provisions.

Return filing could also be relevant for taxpayers with capital gains, foreign income or assets, business or professional income, or other reportable transactions.

Therefore, ITR Filing Online FY 2022-23 should be evaluated based on the taxpayer’s complete income profile and filing obligations rather than only total salary or taxable income.

Which ITR Form Applied for FY 2022-23?

Choosing the correct return form was an important part of ITR Filing Online FY 2022-23. The applicable form depended on the taxpayer’s status, nature of income, business or professional activity, and other eligibility conditions.

The correct form for ITR Filing Online FY 2022-23 cannot be determined merely on the basis of total income. Capital gains, business income, presumptive taxation, foreign income or assets, residential status, and the taxpayer’s legal structure may affect form eligibility.

Readers who want to compare all return forms can also refer to Ebizfiling’s ITR Forms Guide.

Documents Required for ITR Filing Online FY 2022-23

Accurate ITR Filing Online FY 2022-23 requires proper financial and tax records. Depending on the taxpayer’s income profile, relevant documents may include PAN and Aadhaar details, Form 16, bank statements, tax payment challans, investment records, and income statements.

Taxpayers should also review Form 26AS, the Annual Information Statement (AIS), and the Taxpayer Information Summary (TIS) before preparing the return.

Those with capital gains may need transaction statements relating to shares, mutual funds, securities, or immovable property. Business and professional taxpayers may require books of account, turnover details, profit and loss information, balance sheet details, and supporting expense records.

Where foreign income or foreign assets were involved, additional disclosures could also apply.

Proper reconciliation during ITR Filing Online FY 2022-23 helps identify omitted income, incorrect TDS credits, or inconsistencies between taxpayer records and information available with the Income Tax Department. For a detailed checklist, readers can refer to Ebizfiling’s Documents Required for ITR Filing.

How Was ITR Filed Online for FY 2022-23?

The regular process for ITR Filing Online FY 2022-23 involved accessing the Income Tax e-Filing portal and selecting AY 2023-24. The taxpayer first logged in using registered credentials and selected the relevant return filing option. After selecting AY 2023-24, the appropriate taxpayer status and ITR form had to be chosen.

Pre-filled information relating to income, TDS, personal details, and other data needed to be reviewed carefully. Taxpayers then entered applicable income, deductions, exemptions, capital gains, and business or professional details. Where tax remained payable, the applicable self-assessment tax had to be paid before completing the filing process. After submission, the return had to be verified using an eligible electronic verification method or another permitted verification mode.

Although this was the normal process for ITR Filing Online FY 2022-23, taxpayers dealing with AY 2023-24 in 2026 cannot file a regular original, belated, or revised return. They must check whether an updated return is available under Section 139(8A).

Can You Still File ITR for FY 2022-23 in 2026?

Yes, ITR Filing Online FY 2022-23 may still be possible in 2026 through an updated return, provided the taxpayer satisfies the conditions prescribed under Section 139(8A).

The ordinary original, belated, and revised return periods for AY 2023-24 have expired. However, the Finance Act, 2025 increased the time available for filing an updated return from 24 months to 48 months from the end of the relevant assessment year.

An updated return may be filed even where a taxpayer did not file an original, belated, or revised return earlier, subject to the restrictions prescribed under law.

Therefore, taxpayers considering ITR Filing Online FY 2022-23 in 2026 should first determine whether they qualify for ITR-U instead of attempting to use an expired regular filing route.

This distinction is important because an updated return is a separate statutory mechanism and not simply an extension of the normal return filing deadline.

What Is an Updated Return for AY 2023-24?

An updated return provides eligible taxpayers with an additional opportunity to report income or correct certain past non-compliances after the normal return filing period has ended. Under Section 139(8A), an eligible taxpayer can file an updated return whether or not an original, belated, or revised return was previously furnished.

For ITR Filing Online FY 2022-23, the relevant assessment year remains AY 2023-24. The taxpayer must use the applicable return form and complete the requirements relating to an updated return.

An updated return can be relevant where income was omitted from an earlier return or where an eligible taxpayer did not file a return at all. However, ITR-U is not the same as a revised return. It comes with specific restrictions and generally requires payment of tax, interest, applicable fee, and additional income tax before filing. Only one updated return can generally be furnished for a particular assessment year under the applicable framework.

Additional Tax on an Updated Return

Taxpayers using the updated return route for ITR Filing Online FY 2022-23 should carefully consider the additional tax payable. The additional tax depends on how much time has passed from the end of the relevant assessment year.

The percentages apply to the relevant aggregate tax and interest amount under the updated return provisions. For AY 2023-24, an updated return filed up to 31 March 2027 generally falls within the 60% additional tax period, while a return filed from 1 April 2027 to 31 March 2028 generally falls within the 70% additional tax period.. Taxpayers should calculate the tax, interest, applicable fee, and additional tax before proceeding with the updated return.

When Can an Updated Return Not Be Used?

The availability of ITR Filing Online FY 2022-23 through an updated return is subject to statutory restrictions. An updated return generally cannot be filed where it results in a return of loss, reduces the tax liability determined on the basis of an earlier return, results in a refund, or increases a refund already due.

Restrictions also apply in specified cases involving search, requisition, survey, prosecution, information received under specified laws or international agreements, and certain assessment, reassessment, recomputation, or revision proceedings. Further, where a show-cause notice under Section 148A is issued after 36 months from the end of the relevant assessment year, an updated return cannot generally be filed. However, if an order under Section 148A(3) subsequently determines that it is not a fit case to issue a notice under Section 148, the taxpayer may still file an updated return within the applicable 48-month period.

Only one updated return can generally be filed for a particular assessment year. Therefore, taxpayers should confirm whether the intended correction is legally permitted before proceeding with ITR-U for ITR Filing Online FY 2022-23.

Mistakes While Filing ITR for FY 2022-23

One of the most common mistakes in ITR Filing Online FY 2022-23 is selecting AY 2022-23 instead of AY 2023-24. Income earned during FY 2022-23 belongs to AY 2023-24. Another common error is choosing an incorrect ITR form or failing to reconcile income with AIS, TIS, and Form 26AS.

Taxpayers may also overlook capital gains, interest income, business receipts, foreign income, foreign assets, or TDS information while preparing the return. In 2026, another major mistake is assuming that a normal belated or revised return can still be filed for AY 2023-24.

The correct approach is to check eligibility for an updated return, identify the applicable ITR form, calculate the tax and additional tax, and proceed only through the legally available filing method.

Need to File an Older ITR? Ebizfiling Can Help

Filing an older return can involve more than just entering past income details. You may need to confirm the correct assessment year, select the right ITR form, reconcile AIS and Form 26AS, and check whether an updated return under Section 139(8A) is available.

Ebizfiling can help simplify this process by reviewing your filing requirements, identifying possible gaps, and guiding you through the available compliance route.

This can be especially useful for ITR Filing Online FY 2022-23, where the normal filing window has already closed. If you still have an old ITR pending, explore Ebizfiling’s Income Tax Return Filing Online service.

Connect with Ebizfiling today and take the right step toward completing your tax filing.

Important Note for Taxpayers Filing in 2026

ITR Filing Online FY 2022-23 relates specifically to AY 2023-24 and should not be confused with the current return filing cycle for FY 2025-26. Taxpayers dealing with AY 2023-24 in 2026 should generally evaluate the updated return provisions because the normal original, belated, and revised return windows have already closed.

The taxpayer’s eligibility for ITR-U, applicable return form, additional tax, and legal restrictions should be reviewed carefully before filing.

Conclusion

ITR Filing Online FY 2022-23 relates to income earned between 1 April 2022 and 31 March 2023 and assessed under AY 2023-24. Although the normal original, belated, and revised return filing periods have expired, eligible taxpayers may still have an opportunity to comply through an updated return under Section 139(8A).

The Finance Act, 2025 expanded the updated return window to 48 months from the end of the relevant assessment year and introduced additional tax rates for returns filed during the third and fourth years of that window.

However, ITR Filing Online FY 2022-23 through ITR-U is not available in every case. Restrictions relating to losses, refunds, reduction of tax liability, certain proceedings, and other statutory conditions must be considered.

Taxpayers should identify the correct assessment year, select the appropriate ITR form, reconcile income and tax information, determine updated return eligibility, and calculate the applicable additional tax before filing.

Frequently Asked Questions