ITR
Which years can be updated in 2026
Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
Facts
In FY 2026-27, updated returns can be filed for AY 2022-23 up to 31 March 2027, and for AY 2023-24, AY 2024-25 and AY 2025-26. For AY 2026-27, a revised return is still possible till 31 March 2027, which is cheaper.
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.
Analysis
AY 2022-23 relates to income of FY 2021-22, and its 48 months end on 31 March 2027, so it is in its last band with 70% additional tax. If you have missed income for that year, act before March 2027. For newer years the additional tax is lower. For AY 2026-27, revise rather than update while you can.
Conclusion
- List the years where you missed income.
- Note the closing date for each.
- Start with the year closing soonest.
- Use a revised return for AY 2026-27 if open.
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.