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ITR filing 2026 government releases new forms for AY 2026–27 check ITR U and ITR V now
Economy
Published on 24 April 2026
ITR U lets you fix older returns for four years
The government has released updated Income Tax Return forms for Assessment Year 2026–27. The revised ITR-U enables taxpayers to correct past filings, with the facility available up to four years. Filing timelines determine applicable penalties. After filing, ITR-V acts as the verification document that taxpayers must submit to complete the process.
- New ITR forms for AY 2026–27 are available now
- ITR-U allows correction of past tax filings up to four years
- Penalties vary depending on when you file the updated return
- ITR-V is required to verify the filed return
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times