Tax refund
Personal Finance
M
Moneycontrol02-01-2026, 12:45

Missed ITR Revised Return Deadline? Here's How to Still Get Your Tax Refund.

  • The December 31 deadline for revised ITRs has passed, but taxpayers expecting refunds may still have options.
  • Rectification under Section 154 allows correction of minor errors like TDS mismatches or arithmetic mistakes after return processing, even post-deadline.
  • If your return is 'under processing,' wait; CPC has 9 months to process. Lodge a grievance if it exceeds this limit.
  • An Updated Return (ITR-U) is not for claiming refunds; it's for paying additional tax with penalties and cannot be used to create or increase losses.
  • Focus on follow-ups, reviewing tax credit statements, responding to department communications, and correcting technical mismatches rather than re-filing.

Why It Matters: Missing the revised ITR deadline isn't the end; use rectification or follow-up for due refunds.

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