ITR filing: What is updated income tax return and ITR-U? Who can file & what you can’t change – top points to know

Missed the ITR filing deadline Don’t worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some changes are not allowed, like claiming more refund. ITR-U offers a way to correct mistakes, but know the rules and costs.