📢 Missed Your ITR Filing? You Still Have a Chance!

File Updated Return (ITR-U) under Section 139(8A) and correct your mistakes legally.

✅ What is ITR-U?

ITR-U allows taxpayers to:

• File missed returns
• Correct wrong income details
• Update omitted income
• Revise incorrect information

📅 Can be filed within 24 months from the end of relevant Assessment Year.

⏳ Example

For FY 2023-24 (AY 2024-25) 👉 ITR-U can be filed till 31 March 2027

💰 Additional Tax Applicable

📌 25% Extra Tax → If filed within 12 months

📌 50% Extra Tax → If filed after 12 months but within 24 months

⚠ Important Conditions

❌ Cannot claim refund through ITR-U ❌ Cannot reduce tax liability ✔ Valid reason required for update

🖥 Simple Filing Process

1️⃣ Login to Income Tax Portal 2️⃣ Select “Updated Return (ITR-U)” 3️⃣ Choose correct ITR Form 4️⃣ Enter updated details 5️⃣ Pay additional tax u/s 140B 6️⃣ Verify using Aadhaar OTP / DSC

📍 Need help filing ITR-U correctly? Avoid notices & penalties with expert guidance.

📞 Delhi GST & Tax Experts