Find
For AY 2026-27, a revised return can be filed up to 31 March 2027 with no additional tax, but a fee from 1 January 2027. For earlier years, only an updated return is possible, with additional tax.
ITR
Revised return or updated return after a campaign
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Provisions
Sec 139(5), Income-tax Act 1961 (now Sec 263(5), Income-tax Act 2025); Sec 139(8A), Income-tax Act 1961 (now Sec 263(6), Income-tax Act 2025); Sec 140B, Income-tax Act 1961 (now Sec 267, Income-tax Act 2025)
Analysis
The revised return is cheaper if still open. Say missed tax plus interest is ₹40,000: a revised return costs just that, plus a ₹1,000 or ₹5,000 fee after 31 December. An updated return for AY 2025-26 filed now would add 25% of ₹40,000, that is ₹10,000. For any year, file the fix before you respond to the campaign so you can quote the acknowledgement.
Close
- Check which year the campaign is about.
- For AY 2026-27, file a revised return early.
- For older years, pay tax, interest and additional tax and file ITR-U.
- Respond to the campaign with the new acknowledgement.
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