Select the correct ITR form | Pick the appropriate form based on your income type. Salaried taxpayers with income up to ₹50 lakh should use ITR-1, while business income or capital gains require other forms.
Personal finance
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CNBC TV1801-01-2026, 13:56

ITR Revised Return Window Closed: How to Still Claim Your Tax Refund

  • The deadline for filing revised or belated ITR for FY 2024-25 (AY 2025-26) closed on December 31, but refunds are still possible.
  • Taxpayers can use Section 154 rectification for processed returns with errors like TDS mismatch or calculation mistakes to claim/increase refunds.
  • If your ITR is "under processing," wait for the Income Tax Department to process it; refunds will be issued automatically if due.
  • An Updated Return (ITR-U) can be filed but cannot be used to claim new refunds or increase existing ones; it's for reporting additional income.
  • Check ITR status, review intimation notices, and file rectification requests promptly; ensure bank details are verified for timely refunds.

Why It Matters: Missed ITR revision? Section 154 rectification is key for refunds; ITR-U is not for claiming refunds.

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