General Concept of Filing Updated ITR (ITR – U)


As per notification dated 29-04-2022 by CENTRAL BOARD OF DIRECT TAXES amend Income-tax Rules, 1962 by exercise of the powers conferred by sub-section (8A) of section 139 read with section 295 of the Income-tax Act, 1961, These rules may be called the Income-tax (Eleventh Amendment) Rules, 2022. Filing Updated ITR (ITR-U)

In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), after rule 12AB, the following rule shall be inserted, namely, ––

12AC. Updated return of income. – (1) The Income Tax Return to be furnished by any person, eligible to file such return of Income under the sub-section (8A) of section 139, relating to the assessment year starting from the 1st day of April,2020 and subsequent assessment years, shall be in the Form ITR-U and be verified in the manner indicated therein.

(2) The return of income referred to in sub-rule (1) shall be furnished by a person, mentioned in column (2) of the Table below in the manner specified in column (3) thereof: –


SI.NOPersonManner of furnishing return of income
1.Individual, including Hindu undivided family or a firm or LLP or an AOPS, whether incorporated or not, or a local authority or an artificial juridical person in whose case books of accounts are required to be audited under section 44AB of the Act or a Company or a political party required to furnish their a return in Form ITR-7.Electronically under digital signature.
2.Individual, or HUFs, or firm, or LLPS, or an association of persons or a body of individuals, whether incorporated or not, or a local authority or an artificial juridical person, or a person required to file a return under sub-section (4A) or(4B) or  (4C) or (4D) of section 139, other than a person mentioned in column (2) of Sl. No. (1) above.(A) Electronically under digital signature; (B) Transacting the data electronically in the return in electronic verification code for ITR.

Circumstances when ITR-U can be file

  • Return previously not filed
  • Income not reported correctly
  • Wrong head of income chosen
  • Reduction of carry Forward Loss
  • Reduction of unabsorbed depreciation
  • Reduction of tax credit u/s 115 JB /JC
  • Wrong rate of tax
  • Others

Lex N Tax is know for the best ITR filing services in Delhi , Lex N Tax always ready to solve your doubts regarding How to file ITR-U, Who is eligible to file ITR-U, WHO cannot file ITR-U


Respective ITR form as applicable will need to be filed along with ITR-U as per Guideline.

Late fees will also be charged.

When ITR-U cannot be filed

  • In case of search initiated u/s 132 or requisition u/s 132A of Income Tax Act.
  • In case of conduct of survey u/s 133A but excluded survey conduct under 133(2A).
  • In case of pending of return under assessment or reassessment or recomputation or revision of income.
  • In case of Assessing officer has reason to believe that assesses for the relevant assessment year Black Money law, Benami law, Etc.   
  • In case of information is received under an agreement referred to in sections 90 or 90A of the Income-tax Act.
  • In case of any prosecution proceedings has been initiated under the Income-tax Act

Note: Assesse cannot file NIL return or claim increased refund or for reduction in tax liability.

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1) Lex N Tax Associates consist of team of professionals who can handle , ITR, GST matter in professional manner

2) we are the leading firm in case of GST refunds, TDS Compliances, Income tax cases.

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4) Lex N tax is know for the best ITR Filing Services in Delhi NCR

~By Shaista

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