ITR
Updated return already filed and then a revised return
Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
Facts
An updated return cannot be revised. For the current year, it is better to use the revised return first if the window is open, and keep ITR-U for later if needed.
Provisions and law
- Sec 139(8A), Income-tax Act 1961 (now Sec 263(6), Income-tax Act 2025)Updated return within 48 months from the end of the relevant assessment year, once per year, not to reduce tax or raise a refund.
- Sec 139(5), Income-tax Act 1961 (now Sec 263(5), Income-tax Act 2025)Revised return within the allowed time.
Analysis
For AY 2026-27, the revised return window is open till 31 March 2027 and costs no additional tax, only a fee after 31 December 2026. If you file ITR-U for a year where you could still revise, you pay much more. Use the right tool for the year.
Conclusion
- Check the year.
- If revision is open, revise.
- Use ITR-U only after the revision window closes.
- Keep acknowledgements.
A Savvy can do this for you
Updated return, ITR-U, Sec 263(6) (old 139(8A))
₹2,999
Get this doneAsk a Savvy on WhatsAppGeneral guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.