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ITR-U: What is it, how filing updated income tax return is helpful – who can submit and who cannot | Explained

However, the taxpayers who miss the regular deadline for their ITR or make a mistake on a previous one, the Income Tax Department offers them a golden window to do so through the Updated Return or ITR ...
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CBDT notifies ITR-U: Four years to rectify tax mistakes with new form; check penalties, filing deadlines

The Central Board of Direct Taxes (CBDT) has announced the implementation of the Income Tax Updated Return form, known as ITR-U, following amendments introduced in the Union Budget 2025. Effective ...