{"id":8906,"date":"2025-04-08T18:28:49","date_gmt":"2025-04-08T18:28:49","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=8906"},"modified":"2025-04-08T18:32:02","modified_gmt":"2025-04-08T18:32:02","slug":"updated-itr-itr-u-time-window-extended-to-4-years","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/updated-itr-itr-u-time-window-extended-to-4-years\/","title":{"rendered":"Updated ITR (ITR-U) Time Window Extended to 4 Years"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8907\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/photo_2025-04-08_23-40-41.jpg\" alt=\"ITR U update \" width=\"1280\" height=\"290\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/photo_2025-04-08_23-40-41.jpg 1280w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/photo_2025-04-08_23-40-41-300x68.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/photo_2025-04-08_23-40-41-1024x232.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/photo_2025-04-08_23-40-41-768x174.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/photo_2025-04-08_23-40-41-800x181.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69daeceda3598\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69daeceda3598\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/updated-itr-itr-u-time-window-extended-to-4-years\/#Big_Update_from_Income_Tax_Portal_As_per_Finance_Act_2025\" title=\"Big Update from Income Tax Portal! As per Finance Act 2025\">Big Update from Income Tax Portal! As per Finance Act 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/updated-itr-itr-u-time-window-extended-to-4-years\/#Who_should_consider_filing_ITR-U\" title=\"Who should consider filing ITR-U?\">Who should consider filing ITR-U?<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/updated-itr-itr-u-time-window-extended-to-4-years\/#Currently_Available_for_Filing_You_can_now_file_ITR-U_for\" title=\"Currently Available for Filing: You can now file ITR-U for:\">Currently Available for Filing: You can now file ITR-U for:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/updated-itr-itr-u-time-window-extended-to-4-years\/#Important_The_longer_you_delay_the_more_you_pay_in_additional_tax\" title=\"Important: The longer you delay, the more you pay in additional tax:\">Important: The longer you delay, the more you pay in additional tax:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Big_Update_from_Income_Tax_Portal_As_per_Finance_Act_2025\"><\/span><span style=\"color: #000080;\">Big Update from Income Tax Portal! As per Finance Act 2025<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Taxpayers can now file an updated ITR (ITR-U) for up to 4 assessment years! \u00a0Taxpayers can now revise their returns for up to 4 assessment years\u2014a significant extension from the earlier 2-year limit under Section 139(8A).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Who_should_consider_filing_ITR-U\"><\/span><span style=\"color: #000080;\"><strong>Who should consider filing ITR-U?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Missed reporting income earlier<\/li>\n<li>Underreported income or claimed wrong deductions<\/li>\n<li>Missed the original\/belated\/revised return deadline<\/li>\n<li>Want to avoid scrutiny or penal proceedings by proactively disclosing<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Currently_Available_for_Filing_You_can_now_file_ITR-U_for\"><\/span><span style=\"color: #000080;\">Currently Available for Filing: You can now file ITR-U for:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>AY 2024-25<\/li>\n<li>AY 2023-24<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Coming Soon:<\/strong><\/span><\/p>\n<ul>\n<li>AY 2022-23 (Facility coming soon)<\/li>\n<li>AY 2021-22 (Facility coming soon)<\/li>\n<\/ul>\n<p>(Portal functionality will be activated shortly \u2014 keep a lookout!)<\/p>\n<p>Portal functionality for AY 2022-23 and AY 2021-22 will be enabled shortly \u2014 stay tuned!<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Important_The_longer_you_delay_the_more_you_pay_in_additional_tax\"><\/span><span style=\"color: #000080;\">Important: The longer you delay, the more you pay in additional tax:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>If you file the ITR-U within 12 months from the end of the relevant AY, you\u2019ll pay 25% additional tax on tax + interest.<\/li>\n<li>If you file between 12\u201324 months, it increases to 50%.<\/li>\n<li>If filed between 24\u201336 months, the additional tax is 60%.<\/li>\n<li>And if you file between 36\u201348 months, it shoots up to 70%!<\/li>\n<\/ul>\n<p>So if you&#8217;re planning to file ITR-U for AY 2021-22 or 2022-23, be ready for high additional tax \u2014 up to 60% or 70% depending on how late you file. File ASAP once the portal opens for AY 2022-23 and 2021-22 to limit your additional tax liability and avoid further complications. Don\u2019t wait! File early to save tax and avoid penalties<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Big Update from Income Tax Portal! As per Finance Act 2025 Taxpayers can now file an updated ITR (ITR-U) for up to 4 assessment years! \u00a0Taxpayers can now revise their returns for up to 4 assessment years\u2014a significant extension from the earlier 2-year limit under Section 139(8A). Who should consider filing ITR-U? Missed reporting income &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[1163],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8906"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=8906"}],"version-history":[{"count":2,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8906\/revisions"}],"predecessor-version":[{"id":8909,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8906\/revisions\/8909"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=8906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=8906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=8906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}