Missed Income on an Old Tax Return? You Now Get 4 Years

The ITR-U window is now 48 months from the assessment year's end, up from 24.

Cost rises with delay: 25% extra tax within 12 months, then 50%, 60% and 70%.

You can only add income and pay more — never claim a refund, cut tax or report a loss.

One ITR-U per assessment year, and it's blocked once a search or major notice lands.

Filing voluntarily is far cheaper than waiting for a department notice with full penalty.

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