ITR-U for AY21-22

This query is : Resolved 

23 March 2026 Dear Sir,
I want to file updated ITR-3 Sfor AY 21-22 but my total income well below 250000. I think I can still file with 1000 penalty by showing increased income of more than 250000 but less than 500000 by 31st March,2026. My meagre income was as follows:

Savings bank interest: 2700
Equity STCG: 3000
Speculative income: 70


Can some esteemed CA or learned person from this forum help me to advice which type of income can I show in ITR in IFOS schedule which isn't getting reflected in AIS but to file to keep clean track records of ITR filing in the eyes of ITD?
Thanks a lot

23 March 2026 • You should NOT file ITR-U by inflating income
• Your income is below ₹2.5 lakh → no filing obligation
• ITR-U is only for correcting real missed income, not for record creation
• Best approach: start regular voluntary filing from current years


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