{"id":9946,"date":"2026-01-15T08:40:56","date_gmt":"2026-01-15T08:40:56","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=9946"},"modified":"2026-02-15T19:04:59","modified_gmt":"2026-02-15T19:04:59","slug":"comparison-between-revised-belated-updated-return","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/comparison-between-revised-belated-updated-return\/","title":{"rendered":"Comparison between Revised, Belated &#038; Updated Return"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3362\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/A-guide-to-understanding-your-income-and-income-tax-returns...jpg\" alt=\"A guide to understanding your income and income tax returns\" width=\"1124\" height=\"808\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/A-guide-to-understanding-your-income-and-income-tax-returns...jpg 630w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/A-guide-to-understanding-your-income-and-income-tax-returns..-300x216.jpg 300w\" sizes=\"(max-width: 1124px) 100vw, 1124px\" \/><\/p>\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-69d3c3d8d79c2\" 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-69d3c3d8d79c2\"  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\/comparison-between-revised-belated-updated-return\/#Basic_Comparison_between_Revised_Belated_and_Updated_Return\" title=\"Basic Comparison between Revised, Belated, and Updated Return\">Basic Comparison between Revised, Belated, and Updated Return<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/comparison-between-revised-belated-updated-return\/#Revised_Return_%E2%80%93_Section_1395\" title=\"Revised Return \u2013 Section 139(5)\">Revised Return \u2013 Section 139(5)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/comparison-between-revised-belated-updated-return\/#Belated_Return_%E2%80%93_Section_1394\" title=\"Belated Return \u2013 Section 139(4)\">Belated Return \u2013 Section 139(4)<\/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\/comparison-between-revised-belated-updated-return\/#Updated_Return_%E2%80%93_Section_1398A\" title=\"Updated Return \u2013 Section 139(8A)\">Updated Return \u2013 Section 139(8A)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/comparison-between-revised-belated-updated-return\/#In_case_of_an_updated_return_Section_1398A_Additional_tax_payable\" title=\"In case of an updated return, Section 139(8A) Additional tax payable\">In case of an updated return, Section 139(8A) Additional tax payable<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/comparison-between-revised-belated-updated-return\/#Basic_Comparison_between_Revised_Belated_and_ITR-U_Updated_Return\" title=\"Basic Comparison between Revised, Belated and ITR-U (Updated Return)\u00a0\">Basic Comparison between Revised, Belated and ITR-U (Updated Return)\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/comparison-between-revised-belated-updated-return\/#Summary_in_Simple_Terms\" title=\"Summary in Simple Terms\">Summary in Simple Terms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/comparison-between-revised-belated-updated-return\/#ABout_IFCCL\" title=\"ABout IFCCL\u00a0\">ABout IFCCL\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Basic_Comparison_between_Revised_Belated_and_Updated_Return\"><\/span><span style=\"color: #000080;\"><strong>Basic Comparison between Revised, Belated, and Updated Return<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Revised_Return_%E2%80%93_Section_1395\"><\/span><span style=\"color: #000080;\"><strong>Revised Return \u2013 Section 139(5)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A revised return is filed when a taxpayer has already filed an original or belated return and later discovers any mistake, omission, or wrong statement (income missed, wrong head, incorrect deductions, etc.).<\/p>\n<p>Time limit for Revised Return \u2013 Section 139(5), like example (AY 2022-23) : Up to 31 December 2022, or before completion of assessment, whichever is earlier.<\/p>\n<p>Key points related to Revised Return \u2013 Section 139(5) : Revised Return \u2013 Section 139(5) Can revise any number of times within the time limit. Revised Return \u2013 Section 139(5) Change of ITR form is allowed. Revised Return \u2013 Section 139(5) if no penalty for bona fide mistakes. In case of a revised return, Section 139(5) Interest U\/s 234B &amp; 234C will be recomputed, if applicable. The original return must be verified before filing a revised return. If the original return was filed manually, it cannot be revised electronically. Such cases are extremely rare now, as almost all returns are e-filed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Belated_Return_%E2%80%93_Section_1394\"><\/span><span style=\"color: #000080;\"><strong>Belated Return \u2013 Section 139(4)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong><span style=\"color: #000080;\">What is Belated Return \u2013 Section 139(4)?<\/span><\/strong><\/p>\n<p>A Belated Return is filed when a taxpayer misses the original due date U\/s 139(1). For AY 2022-23: Original due date: 31 July 2022 and Belated return period: 1 August 2022 to 31 December 2022<\/p>\n<p>In case of a belated return, Section 139(4) and the late filing fee\u2014Section 234F\u2014are applicable.<\/p>\n<ul>\n<li>INR 5,000 if total income is greater than INR 5 lakh<\/li>\n<li>INR 1,000 if total income \u2264 INR 5 lakh<\/li>\n<\/ul>\n<p>When no late fee applies if income is below the basic exemption limit and taxpayers are not mandatorily required to file a return. Then no late fee is payable, even if filed after the due date.<\/p>\n<p>Limitations under Belated Return under Section 139(4) : Under the Belated Return\u2014Section 139(4), certain losses cannot be carried forward (e.g., business loss, capital loss). However, earlier, belated returns under Section 139(4) could not be revised, but now they can be revised within the allowed time.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Updated_Return_%E2%80%93_Section_1398A\"><\/span><span style=\"color: #000080;\"><strong>Updated Return \u2013 Section 139(8A)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9927\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-U.jpeg\" alt=\"Updated Return (ITR-U)\" width=\"2048\" height=\"1143\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-U.jpeg 2048w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-U-300x167.jpeg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-U-1024x572.jpeg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-U-768x429.jpeg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-U-1536x857.jpeg 1536w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-U-800x446.jpeg 800w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><\/h2>\n<p><span style=\"color: #000080;\"><strong>What is ITR -U (Updated Return) \u2013 Section 139(8A)?<\/strong><\/span><\/p>\n<p>ITR-U (Updated Return) \u2013 Section 139(8A) Introduced by the Finance Act, 2022, the updated return allows taxpayers to file or update returns even after the time limit for belated\/revised returns, subject to conditions.<\/p>\n<p>Time limit for ITR-U (Updated Return) \u2013 Section 139(8A): Updated Return \u2013 Section 139(8A) can be filed within 24 months from the end of the relevant assessment year.<\/p>\n<p>ITR-U (Updated Return)\u2014Section 139(8A) Applicable years can be understood via example.<\/p>\n<ul>\n<li>FY 2019-20 : AY 2020-21<\/li>\n<li>FY 2020-21 : AY 2021-22<\/li>\n<li>FY 2021-22 : AY 2022-23<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"In_case_of_an_updated_return_Section_1398A_Additional_tax_payable\"><\/span><span style=\"color: #000080;\"><strong>In case of an updated return, Section 139(8A) Additional tax payable<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 269px;\" width=\"1122\">\n<thead>\n<tr>\n<td>Timing of filing Updated Return<\/td>\n<td>Additional Amount<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Within 12 months<\/td>\n<td>25% of tax and interest<\/td>\n<\/tr>\n<tr>\n<td>After 12 months (up to 24 months)<\/td>\n<td>50% of tax and interest<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This is over and above normal tax and interest.<\/p>\n<p>Situation where an updated return is NOT allowed\u2014to reduce income, To declare or increase loss, T<a href=\"https:\/\/carajput.com\/blog\/itr-refund-alert-read-this-before-31-december\/\">o claim\/refund<\/a> more tax, To set off additional losses &amp; If assessment, search, or prosecution proceedings have started<\/p>\n<p>Separate form, i.e., filed using <a href=\"https:\/\/www.caindelhiindia.com\/blog\/itr-u-u-s-1398a\/\">ITR-U (Updated Return), ITR-U (Updated Return)<\/a> is mandatory to select reason for updating (missed income, wrong head, wrong tax rate, etc.)<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Basic_Comparison_between_Revised_Belated_and_ITR-U_Updated_Return\"><\/span><strong><span style=\"color: #000080;\">Basic Comparison between Revised, Belated and ITR-U (Updated Return)<\/span>\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div>\n<div class=\"___i31lg00 f10pi13n f14t3ns0 f1nbblvp fat0sn4 f1ov4xf1 fekwl8i f1lmfglv f1oz7aqm f1abmfm4 f1w619qj f16h0jq8\">\n<table class=\"___1hm93bs f1ddd56o f16vktn6 f1enuhaj fdclmfp f1ev3kgc ftgm304 f1uinfot fibjyge fvueend f9yszdx f1fu4s3n f3l3pb3 f1s2k7dp f8fmt76 fjvbh62 fysh76l fic4ptz f1yenhzu f1yn6nvh f14tj6oe f1jq587y f1el8yx3 f1pymoxg f1ofu761 fe6itr f7coize f1794535 f70r78m f4zgifc fk1v6el f16pyhcb fo436u6 fzy4j18 fc43013 f1hmrcvb fc4t9fq fgp09rh fjnyn6r\" style=\"height: 248px;\" tabindex=\"0\" width=\"1093\">\n<tbody>\n<tr>\n<th><strong>Particulars<\/strong><\/th>\n<th><strong>Revised Return<\/strong><\/th>\n<th><strong>Belated Return<\/strong><\/th>\n<th><strong>Updated Return<\/strong><\/th>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>Section<\/strong><\/th>\n<td>139(5)<\/td>\n<td>139(4)<\/td>\n<td>139(8A)<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>Filed When<\/strong><\/th>\n<td>Error in filed return<\/td>\n<td>Missed original due date<\/td>\n<td>Late correction \/ disclosure<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>Time Limit (AY 2022-23)<\/strong><\/th>\n<td>Up to 31-12-2022<\/td>\n<td>Up to 31-12-2022<\/td>\n<td>Up to 24 months from end of AY<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>Penalty<\/strong><\/th>\n<td>No<\/td>\n<td>INR 234F late fee<\/td>\n<td>25% \/ 50% additional tax<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>Loss Carry Forward<\/strong><\/th>\n<td>Allowed<\/td>\n<td>Limited<\/td>\n<td>Not allowed<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>Separate ITR Form<\/strong><\/th>\n<td>No<\/td>\n<td>No<\/td>\n<td>Yes (ITR-U)<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>Can Reduce Income?<\/strong><\/th>\n<td>Yes<\/td>\n<td>Yes<\/td>\n<td>No<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9144\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/08\/photo_2025-06-04_00-39-53.jpg\" alt=\"Income Tax Return (ITR) Forms for AY 2025\u201326\" width=\"1280\" height=\"1280\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/08\/photo_2025-06-04_00-39-53.jpg 1280w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/08\/photo_2025-06-04_00-39-53-300x300.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/08\/photo_2025-06-04_00-39-53-1024x1024.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/08\/photo_2025-06-04_00-39-53-150x150.jpg 150w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/08\/photo_2025-06-04_00-39-53-768x768.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/08\/photo_2025-06-04_00-39-53-800x800.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Summary_in_Simple_Terms\"><\/span><span style=\"color: #000080;\"><strong>Summary in Simple Terms<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Income Tax Revised Return: Best option if you made a mistake in your original return. No penalty, can reduce income, and losses can be carried forward. Revised Return is Correct mistakes (best option, no penalty)<\/li>\n<li>If filling the Belated Return: Filed after the due date but before the end of the assessment year. A late fee applies, and loss carryforward is restricted. Belated Return is a missed deadline (late fee applies)<\/li>\n<li>ITR -U (Updated Return): Last chance to disclose missed income within 24 months. Cannot reduce income or claim losses. Comes with a heavy cost (25% or 50% additional tax). The updated return is last opportunity to disclose income (costly but compliant)<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"ABout_IFCCL\"><\/span><span style=\"color: #000080;\"><strong>ABout IFCCL\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div>\n<p>IFCCL offers end\u2011to\u2011end income tax return filing and specialised cross\u2011border tax support for individuals and businesses with global financial interests. As a trusted partner for expatriates, IFCCL provides comprehensive NRI taxation solutions, including NRI income tax filing and advisory services, NRI tax services, and expert assistance for NRI income tax filing in India. With a dedicated team of specialists, we serve clients as an experienced NRI income tax consultant, delivering structured and compliant NRI taxation services in India that address residency rules, foreign asset reporting, and India\u2011source income taxability.<\/p>\n<p>We also offer in-depth Double Taxation Avoidance advisory, helping NRIs lawfully eliminate double taxation under DTAA provisions. As a seasoned FEMA compliance consultant, IFCCL supports clients in managing cross\u2011border investments, property transactions, and banking requirements. Our tailored foreign remittance tax advisory ensures clarity on LRS rules, repatriation, and tax liabilities on outward remittances.<\/p>\n<p>For investors and property owners, IFCCL provides accurate NRI capital gains tax filing and overseas income taxation help, ensuring full compliance with both Indian and foreign tax regimes. Recognised as an expert CA for NRI taxation, we also extend strategic corporate tax advisory and personalised guidance to minimise liabilities and ensure seamless compliance across jurisdictions. With IFCCL as your trusted income tax consultant, NRIs receive reliable, expert\u2011driven solutions for every aspect of India\u2011related tax management.\u00a0 Contact us at 9555 555 480 or Singh@carajput.com\/singh@caindelhindia.com<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Basic Comparison between Revised, Belated, and Updated Return Revised Return \u2013 Section 139(5) A revised return is filed when a taxpayer has already filed an original or belated return and later discovers any mistake, omission, or wrong statement (income missed, wrong head, incorrect deductions, etc.). Time limit for Revised Return \u2013 Section 139(5), like example &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":[1035],"tags":[1266],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/9946"}],"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=9946"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/9946\/revisions"}],"predecessor-version":[{"id":9948,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/9946\/revisions\/9948"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=9946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=9946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=9946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}