ITR-U (Updated Income Tax Return) Filing – 100% Online
Forgot to declare income? Missed your original/belated return? File ITR-U safely – avoid penalty and legal risk! CA/expert support included.
What is ITR-U (Updated Return)?
ITR-U is a special “updated return” form that lets you voluntarily declare missed or under-reported income for past Financial Years, even if you missed original or belated returns—or discover any error in filed ITR.
Introduced under Section 139(8A) of the Income Tax Act, you can file ITR-U within 24 months (2 years) from the end of the relevant assessment year, with extra tax (penalty/rate as per delay).
When & Why Should You File ITR-U?
- You missed the due date for original, belated, or revised ITR filing for any FY (from AY 2020–21 onward)
- You understated income, paid less tax, or omitted any source in a previous ITR
- To avoid notices, interest, high penalty or prosecution if difference is later found by ITD
- To stay compliant and clean your record before a tax notice is served
Who Can File ITR-U? Who Cannot?
- Anyone who: Missed filing, found undisclosed income, or error in details for a past year (from AY 2020–21 onward)
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Cannot be used if:
- A search/survey or income tax notice has been issued for that year
- Updated return decreases your tax liability/refund (no claim/reduction)
- There’s a pending assessment or prosecution for that year
- All taxpayers: individuals, HUFs, firms, companies, LLPs, NGOs, etc., can use ITR-U for missed/extra income
Time Limit & Additional Tax
- Time limit: Up to 24 months (2 years) from the end of the relevant assessment year (AY)
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Additional tax over & above normal tax & interest:
- Filed in 1st year (within 12 months) after end of AY: +25% extra tax/interest
- Filed in 2nd year (12–24 months after AY): +50% extra tax/interest
- No refund can be claimed via ITR-U (only extra tax must be paid)
Benefits of Timely ITR-U Filing
- Protects you from heavy penalties, notices and scrutiny for old missed income
- Instantly makes your record “compliant” for that year (for loans, migration, business)
- Legally safer than waiting for departmental action (self-correction, lower stress)
- Honest good-will with Income Tax Department (used by corporates and individuals)
- Allows you to file even if original, belated, and revised returns were NOT filed
Documents Required for ITR-U Filing
- PAN, Aadhaar of taxpayer
- Financials/income details for relevant year
- Bank statements, Form 16/Form 26AS (TDS/TCS)
- All missed/omitted income, investment, deduction proofs
- Details of tax/interest already paid
- Previous ITR (if filed, not compulsory)
- Computation sheet (preferably by CA/expert)
- Digital signature/Aadhaar OTP (for online e-verification)
ITR-U Filing Process (Step-by-Step)
Check eligibility, get old data
Prepare correct financials/tax calculation
Pay self-assessment/additional tax
Login to Income Tax Portal
Fill Form ITR-U (select AY)
Submit & E-Verify.
Frequently Asked Questions – ITR-U
No, only from Assessment Year 2020–21 onward and up to 2 years from the end of the concerned AY. Not for years before that.
No. ITR-U is only for additional income disclosure and payment of extra tax; refunds or claim reductions are NOT allowed.
No government fee for filing, but extra tax: 25% or 50% of tax plus interest/late fees as per section 139(8A) is payable.
No, ITR-U cannot be filed if an assessment, search/survey, or any tax notice has been sent for that AY—only BEFORE any such notice/action.
Strongly recommended—calculation errors or legal missteps can be costly. CA/tax expert prevents mistakes, avoids extra penalty!