ITR-U is meant only for correcting returns that increase tax liability.
The IT Department has retained the filing deadline of 31 July 2026 for ITR-1 and ITR-2 for the Assessment Year 2026-27.
For businesses, an audit is generally required when turnover exceeds ₹1 crore in a financial year.
One of the biggest changes is the expansion of eligibility for ITR-1 and ITR-4.
The upgraded platform brings a unified space for all TDS and TCS services.