Compliance Hacks
easy
low risk
2 hours
1 min read
Updated October 2025
ITR Revised Return Window
Correct errors till December 31 of assessment year
Potential Savings
Avoid penalties
Time Required
2 hours
Complexity
easy
Legal Status
fully legal
Applicable to:
All Taxpayers
What is This Hack?
Correct errors by filing revised return till December 31 of assessment year or file updated return (ITR-U) within 4 years paying additional tax + 25-50% penalty
Key Benefits
- Potential savings: Avoid penalties
- Implementation time: 2 hours
- Legal status: fully legal
- Risk level: low
Related Topics
itr
revised return
itr-u
correction