Updated ITR for TDS deducted

Belated return u/s. 139(4) IT act for AY 2023-24 could have been filed on or before 31.12.2023.

Updated return u/s. 139(8A) IT act, can be filed only if there is any additional tax liability.

Yes, only if there is any additional tax liability,

No, if refund due...

If there is any income under head PGBP, you cannot select new regime.

If there is any deductions under chapter VIA, go with old regime.

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ITR-U (Updated Return) can be used to declare income that was missed in the original ITR, and TDS already deducted gets full credit against your tax liability in ITR-U.

Key points on ITR-U for TDS cases:

1. TIME LIMIT: ITR-U can be filed for up to 2 years from the end of the relevant assessment year. For AY 2025-26, you can file ITR-U until March 31, 2028.

2. ADDITIONAL TAX: If you file within 12 months of the original due date (by July 31, 2026 for AY 2025-26), you pay 25% additional tax on the net tax payable after adjusting TDS. After 12 months, it rises to 50%.

3. TDS CREDIT: Your TDS appears in Form 26AS and AIS. In ITR-U, fill the TDS schedule exactly as shown in Form 26AS. The system matches against department records.

4. REFUND RESTRICTION: ITR-U cannot be used to claim a refund or reduce tax compared to the original return. It only declares missed income. If TDS creates a full refund and you have no tax due, file a belated return instead (if within the window).

5. FORM SELECTION: Use the same ITR form applicable to your income type (ITR-1, ITR-2, etc.) marked as Updated Return.

For a full breakdown of when to use belated vs revised vs updated ITR and the additional tax percentage table, this [guide on belated, revised and updated ITR](https://taxgarden.in/blog/belated-revised-updated-itr-return-guide-india-ay-2026-27) has the complete comparison.