Tax planning
Updated return, ITR-U, Sec 263(6) (old 139(8A))
What this means, checked by a CA
If you find income you missed in an old return, or you never filed, you can still come clean by filing an updated return and paying extra tax of 25% to 70% of the tax and interest. We check you are allowed to, compute the extra tax, pay it and file ITR-U before a notice reaches you.
₹2,999
As needed, + 18% GST
- Delivered in 3 working days after documents and payment
- Due: Within 48 months from the end of the relevant assessment year. In FY 2026-27 this covers AY 2022-23 (till 31 March 2027) to AY 2025-26. For AY 2026-27 it opens as an option after the revision window, up to 31 March 2031.
How we do it: IDFD
Every case runs through the same four steps: Information, Discussion, Forms, Deliverables. You see each one ticked as it happens.
InformationWhat we need from you · 8 items
Assessment year to update
Sets the additional tax band
Earlier return acknowledgement, if anyOptional
Part A asks for it
Missed income details and proofs
Basis of updated income
AIS, TIS and Form 168 (old Form 26AS) for that year
Find all unreported items
Any notices received for that year
Some notices bar ITR-U
Sec 280 (old 148) notice DIN and date, if anyOptional
Needed for the 148 route
Challan of tax and additional tax
Proof required with return
Later years' returns, if losses changeOptional
Chain updates may be needed
DiscussionWhat we discuss · 6 items
Has any search, survey, scrutiny, reassessment or prosecution started for that year?
These bar ITR-U
Will the update lower tax or raise a refund?
Not allowed; rectification or appeal instead
Can a revised return still be filed for this year?
Cheaper than ITR-U
Have you received a Sec 280 (old Sec 148) notice for this year?
148 route adds 10% but gives penalty protection
Does the update reduce carried forward losses for later years?
Later years need updated returns too
How many months since the end of that assessment year?
Decides 25% to 70%
FormsForms we file · 5 items
Check eligibility under Sec 263(6) (old Sec 139(8A)) provisos and that the update raises tax
Where: Internal. Due: Before payment
Compute tax, interest and additional tax on the updated income
Additional tax = 25%/50%/60%/70% (or 35%/60%/70%/80% under a Sec 280 (old Sec 148) notice) of (tax on updated return plus interest, less tax and interest on earlier return)
Where: Internal. Due: Before payment
Pay tax, interest, fee and additional tax through e-Pay Tax and keep challan details
Where: https://www.incometax.gov.in. Due: Before filing ITR-U
Prepare the full ITR (ITR-1 to ITR-7) for that year with Part A Gen Sec 263(6) (old Sec 139(8A)) and ITR-U Part A and Part B, reasons and filing band
Where: https://www.incometax.gov.in. Due: Within 48 months from end of AY
Upload and e-verify
Where: https://www.incometax.gov.in. Due: Within 30 days of upload
DeliverablesWhat you get · 3 items
ITR-U acknowledgement
When: Same day
Additional tax computation and challan
When: With the filing
Sec 270(1) (old 143(1)) intimation for the updated return
When: Months after filing
Questions people ask
How long after the year can I file ITR-U?
Up to 48 months from the end of the relevant assessment year.
How much extra tax do I pay?
25% of tax and interest within 12 months, then 50%, 60% and 70% in later years.
Can ITR-U reduce my loss now?
Yes, from 1 March 2026 it may reduce a loss, if the original loss return was filed on time.
I got a Sec 148 notice. Can I still file ITR-U?
Yes, within the time in the notice, with a further 10% additional tax, and that income is protected from Sec 270A penalty.
Can I file ITR-U if I never filed for that year?
Yes, whether or not an original, belated or revised return was filed.
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