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Aug 19, 2025
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ITR e-filing: CBDT enables ITR-U filing via ITR-3 and ITR-4 forms; here's who needs to file it and why
The Central Board of Direct Taxes (CBDT) has enabled updated income tax return (ITR-U) filing via ITR-3 and ITR-4 forms on the e-filing ITR portal for AY 2021-22 and 2022-23. This ITR-U return via ITR-3 and ITR-4 forms can also be filed using the respective ITR form’s offline Excel utilities.
As per Finance Act, 2025, taxpayers now have up to 48 months from the end of the applicable assessment year to file an updated return under Section 139 (8A) of the Income Tax Act, according to the Union Budget 2025. Even if they did not file a return or filed it incorrectly, the extended period will enable people to repair mistakes or omissions in their prior filings by paying more taxes.
What is an Updated Income Tax Return (ITR-U)?
With an objective to reduce litigation, ITR-U provides an opportunity for voluntary compliance to taxpayers to rectify errors/ omissions.
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