ITR U
UPDATED RETURN (ITR-U) – INCOME-TAX ACT, 2025 Updated Return (ITR-U) allows a taxpayer to voluntarily disclose previously unreported or incorrectly reported income and pay the applicable additional tax, even if an original, belated or revised return was not
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Under the Income-tax Act, 2025
Applicable provision: Section 263(6), Income-tax Act, 2025
Prescribed form: ITR-UN
Relevant rule: Rule 165, Income-tax Rules, 2026.
1. Who is eligible to file ITR-U?
An individual, HUF, firm, company or other eligible taxpayer may file an Updated Return, subject to statutory conditions.
- Taxpayer has not filed an original return.
- Taxpayer has filed an original return but omitted some income.
- Taxpayer has filed a belated return and subsequently discovers additional income.
- Taxpayer has filed a revised return but discovers further omissions or incorrect income details.
- Taxpayer wants to voluntarily disclose previously unreported income.
- Taxpayer wants to reduce a previously claimed loss, subject to the conditions under Section 263(6)(b).
Important: Filing an original, belated or revised return is not compulsory before filing ITR-U.
2. Who is NOT eligible to file ITR-U?
An Updated Return cannot generally be filed in the following situations:
1. The updated return declares a loss, except where the specific loss-reduction provision applies.
2. It reduces the total tax liability determined under the earlier return.
3. It creates a refund where no refund was due or increases an existing refund.
4. An Updated Return has already been filed for that Tax Year.
5. Assessment, reassessment, recomputation or revision proceedings are pending or completed for that Tax Year, subject to the statutory exceptions.
6. The Assessing Officer has communicated information regarding specified-law violations before filing.
7. Relevant foreign-tax information has been received and communicated to the taxpayer before filing.
8. Prosecution proceedings have already been initiated for that Tax Year.
9. After 36 months from the end of the succeeding financial year, a show-cause notice under Section 281 has been issued, subject to the statutory exception.
10. The taxpayer belongs to a class specifically notified as ineligible by the CBDT.
Additional restrictions:
- If a search has been initiated under Section 247.
- If books of account, documents or assets have been requisitioned under Section 248.
- If a survey has been conducted under Section 253, other than the specified exception.
- If notice has been issued under Section 294 in pursuance of Section 295.
These restrictions may cover the Tax Year concerned and preceding Tax Years, as specified in the Act.
3. Period for which ITR-U can be filed
An Updated Return can be filed within 48 months from the end of the financial year succeeding the relevant Tax Year, subject to eligibility.
Relevant Tax Year Last date for ITR-U
2026–27 31 March 2032
2027–28 31 March 2033
2028–29 31 March 2034
The documents required to file your Income Tax Return (ITR) in India depend on your sources of income, such as salary, capital gains, or business earnings
Applicable provision: Section 263(6), Income-tax Act, 2025
Prescribed form: ITR-UN
Relevant rule: Rule 165, Income-tax Rules, 2026.
1. Who is eligible to file ITR-U?
An individual, HUF, firm, company or other eligible taxpayer may file an Updated Return, subject to statutory conditions.
- Taxpayer has not filed an original return.
- Taxpayer has filed an original return but omitted some income.
- Taxpayer has filed a belated return and subsequently discovers additional income.
- Taxpayer has filed a revised return but discovers further omissions or incorrect income details.
- Taxpayer wants to voluntarily disclose previously unreported income.
- Taxpayer wants to reduce a previously claimed loss, subject to the conditions under Section 263(6)(b).
Important: Filing an original, belated or revised return is not compulsory before filing ITR-U.
2. Who is NOT eligible to file ITR-U?
An Updated Return cannot generally be filed in the following situations:
1. The updated return declares a loss, except where the specific loss-reduction provision applies.
2. It reduces the total tax liability determined under the earlier return.
3. It creates a refund where no refund was due or increases an existing refund.
4. An Updated Return has already been filed for that Tax Year.
5. Assessment, reassessment, recomputation or revision proceedings are pending or completed for that Tax Year, subject to the statutory exceptions.
6. The Assessing Officer has communicated information regarding specified-law violations before filing.
7. Relevant foreign-tax information has been received and communicated to the taxpayer before filing.
8. Prosecution proceedings have already been initiated for that Tax Year.
9. After 36 months from the end of the succeeding financial year, a show-cause notice under Section 281 has been issued, subject to the statutory exception.
10. The taxpayer belongs to a class specifically notified as ineligible by the CBDT.
Additional restrictions:
- If a search has been initiated under Section 247.
- If books of account, documents or assets have been requisitioned under Section 248.
- If a survey has been conducted under Section 253, other than the specified exception.
- If notice has been issued under Section 294 in pursuance of Section 295.
These restrictions may cover the Tax Year concerned and preceding Tax Years, as specified in the Act.
3. Period for which ITR-U can be filed
An Updated Return can be filed within 48 months from the end of the financial year succeeding the relevant Tax Year, subject to eligibility.
Relevant Tax Year Last date for ITR-U
2026–27 31 March 2032
2027–28 31 March 2033
2028–29 31 March 2034
The documents required to file your Income Tax Return (ITR) in India depend on your sources of income, such as salary, capital gains, or business earnings
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