Updated Return (ITR-U)
Done-for-you by Company Mitra's qualified experts — 100% online, transparent pricing, no running around.
- 2–4 working days
- 100% Online
- Qualified Experts
- Secure Payment
What you get
- Filed ITR-U acknowledgement (ITR-V)
- Tax and additional tax computation sheet
- Section 140B challan details
- Updated income summary for the year
Documents required
Keep these ready — scanned copies or clear phone photos are fine.
- PAN card (Individual) – Mandatory
- Aadhaar card (Individual) – Mandatory
- Original ITR acknowledgement (if filed) (Individual) – Optional
- Form 16, Form 26AS and AIS (Individual) – Mandatory
- Details of omitted income with proofs (Individual) – Mandatory
- Bank statements for the year (Individual) – Mandatory
- Income tax portal login (Individual) – Mandatory
How it works
2–4 working days after documents and tax payment
- 1Eligibility check
- 2We confirm that you can file an updated return for the year.
- 3Computation
- 4We compute tax, interest and additional tax payable.
- 5Pay tax
- 6You pay the tax through the challan we prepare.
- 7Filing
- 8We file ITR-U and help you e-verify it.
About Updated Return (ITR-U)
Overview
An updated return (ITR-U) under section 139(8A) lets you correct omissions or file a missed return voluntarily by paying additional tax, reducing the risk of penalty and prosecution for under-reporting. It can be filed within 48 months from the end of the relevant assessment year.
Company Mitra first checks whether you are eligible, because ITR-U is not allowed in certain cases such as search, survey or pending assessment, and it cannot be used to reduce tax or claim a refund. We then reconcile your AIS and Form 26AS, compute tax, interest and the additional tax of 25% to 70%, and prepare the section 140B challan.
Once tax is paid, we file the updated return with the correct reasons and schedules and help you e-verify it. Equivalent provisions continue under the Income-tax Act, 2025 for later years.
Who needs it
- Taxpayers who missed filing the original return
- Taxpayers who omitted income in the original return
- Those who claimed wrong deductions or wrong head of income
- Taxpayers who received a mismatch or non-filing alert
What's included
Included:
- Eligibility check under section 139(8A)
- Computation of additional income, tax, interest and additional ta
- Preparation of challan for tax under section 140B
- Preparation and filing of ITR-U with the applicable ITR form
- E-verification support
- Reply support if the department raises a query on the updated return
Not included:
- Tax, interest and additional tax payable
- Returns that reduce tax or increase refund (not permitted under ITR-U)
- Representation in scrutiny or reassessment proceedings
- Accounting or audit of books
Ready to get started?
Place your order in 2 minutes — our expert takes it from there.
Frequently asked questions
What is the time limit for ITR-U?
An updated return can be filed within 48 months from the end of the relevant assessment year, as extended by the Finance Act 2025.
How much additional tax is payable?
25% of tax and interest if filed within 12 months, 50% within 24 months, 60% within 36 months and 70% within 48 months from the end of the assessment year.
Can I claim a refund through ITR-U?
No. An updated return cannot reduce tax liability, increase refund or create a loss.
When is ITR-U not allowed?
It is not allowed if search or survey has been initiated, if assessment or reassessment is pending or completed for that year, or if an updated return is already filed for that year.
Can I file ITR-U if I never filed the original return?
Yes, provided the updated return results in additional tax payable and other conditions are met.
Compliances after this
- E-verify the updated return within 30 days
- Keep proof of tax paid under section 140B
- File future returns on time to avoid repeat additional tax
Penalty for delay / non-compliance
Additional tax of 25% to 70% of tax and interest applies under section 140B depending on delay. If omitted income is detected by the department instead, penalty for under-reporting under section 270A can be 50% of tax, and 200% for misreporting.
