Regarding ITR U

Can we file loss return through ITR U.
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Quick Summary
This discussion clarifies the conditions for filing an updated Income Tax Return (ITR-U). It confirms that ITR-U cannot be used to file a return with losses if there is no tax liability. However, it can be used to correct previously filed returns or for unfiled returns from the last two assessment years, provided there is a tax payable.

Not allowed to file itr u with loss
Is there any tax payable for other income ?

ITR U can be filed only if there is tax liability
Itr U IS BEING IMPLEMENTED WHERE WE HV NOT FILED RETURNS FOR THE LAST PREVIOUS TWO YEARS.
ITR U can be filed even if the return is already filed

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