The XML/JSON file can be uploaded to the Income-tax website once the Updated ITR is prepared The same can be downloaded by clicking downloads after clicking the respective AY folder. Details can be found in the News section. Updated ITRs u/s 139(8A) can be filed electronically using the Excel utility for ITR 1 and 4 for AY 2020-21 and AY 2021-22.For tax forms, ITR 2 & 3 for AY 2020-21 and AY 2021-22, E-filing using Excel has also been enabled under section 139(8A).Approximately 1 lakh taxpayers have filed ITR-U form along with around INR 28 crores tax collection as per the income tax department.The last date to file the ITR-U form for AY 2020-21 is 31st March 2023, as per a tweet by CBDT.Taxpayers will have to provide proper reasons for revising the income return not already filed or not reporting the income correctly or choosing the wrong heads of income or reducing carried forward loss. ITR-U form can be filed within two years from the end of the appropriate assessment year. ITR-U is the new form and taxpayers can use it to file updated income tax returns for the financial year 2019-21.

In this form, taxpayers should provide the reason for filing and the portion of income to be allowed for taxation purposes. A new form for filing updated IT returns has been announced by the Income Tax Department.

Old itr copy download