ITR Assisted Filing - ITR U
About this plan
ITR-U is a provision introduced under the Income Tax Act in India that allows taxpayers to correct mistakes, omissions, or missed disclosures in a previously filed income tax return. This plan helps individuals rectify errors such as missed income, wrong claims, incorrect details, or non-filing for previous years, ensuring that the return is accurate and compliant with income tax requirements. Belated returns can also be filed under this plan if the return was not filed for previous years. Please note that ITR-U can generally be filed only where there is additional tax liability due, and the applicable tax regime will be based on the default tax framework prescribed by the Income Tax Department for the relevant financial year.
Services Included
- Assisted filing support for updated income tax return under ITR-U
- Review of previously filed return to identify mistakes, omissions, or missed income
- Support for correcting incorrect income details, wrong claims, or reporting gaps
- Belated return filing support for eligible previous assessment years
- Tax liability computation based on income records, AIS, Form 26AS, and supporting documents
- Guidance on whether your case is eligible for updated return filing
- Expert review of computation sheet before final return submission
- End-to-end digital document collection and filing assistance
- Return filing by tax expert after verification of required details
- Acknowledgement generation after successful filing
- Support for missed investment declaration, capital gains statement, and broker statement review wherever applicable
Who Should Buy
How It's Done
This plan is equipped with end-to-end online fulfillment via our expert. No hassle, 100% Digital.
Documents Required
Frequently Asked Questions
What is ITR-U?
ITR-U is an updated income tax return that allows taxpayers to correct mistakes, omissions, missed income, or incorrect details in a previously filed return, subject to eligibility and applicable tax liability.
Can I file ITR-U if I missed filing my return for a previous year?
Yes, belated filing for eligible previous years can be supported under this plan where the case qualifies and there is additional tax liability payable.
Can I file ITR-U to claim a refund?
ITR-U is generally applicable when there is additional tax liability due. It is not meant for filing a return only to claim or increase a refund.
What types of mistakes can be corrected through ITR-U?
You can correct issues such as missed income, incorrect income details, wrong claims, omitted capital gains, or discrepancies visible in AIS or Form 26AS.
How long does the ITR-U assisted filing process take?
The estimated completion time is 5 days after submission of all required documents and successful expert review of the computation sheet.
Trusted Support for Updated Return Filing
Real experiences from taxpayers who used WealthSure expert-assisted ITR-U filing to correct missed income, resolve reporting gaps, and file updated returns with confidence.
I had missed reporting interest income in my earlier return. WealthSure reviewed my AIS, Form 26AS, and previous ITR before helping me file the updated return properly.
The expert explained whether I was eligible for ITR-U and calculated the additional tax clearly. The process was smooth and completely online.
I had capital gains that were not included in my previous filing. WealthSure helped review my broker statement and guided me through the updated return filing.
I wanted to correct a previous filing mistake before receiving any notice. The WealthSure team reviewed everything carefully and shared the acknowledgement after filing.
