Reassessment notice: is the updated return (ITR-U) door still open? 2026 ladder

This is a sample: a show-cause for AY 2023-24 about ₹12 lakh of missed income. Replace it with your notice.

1Enter the notice

2See your door

3Print the route note

Your notice

5 answers

Which year is the notice about?

The assessment year on the notice (AY 2023-24 = income of April 2022 – March 2023).

AY 2026-27? It's too early for a notice. A revised or belated return is open to 31 Dec 2026.

AY 2026-27 claim? You can revise it free until 31 Dec 2026, and until 31 Mar 2027 with a fee. Verify with CA

What have you received?

Nothing yet, or a nudge / e-mail / SMS asking me to review A show-cause notice (s.148A) A reassessment notice (s.148) An assessment order

Date on the notice

Reply-by date it gives

At least 30 days — copy the notice's date. Blank = 30 days from the notice.

Date on the show-cause

Needed to check the 36-month rule.

Income you now accept was missed (₹)

Only the part you agree with. Tax and interest are estimated in the fold below.

Did any of it come back to you, or to anyone for you — in cash or kind?

No Yes I'm not sure

What does the department's material say about you?

Only that the party is suspect — it doesn't name me It names me, or my bank entries It says money came back to me I haven't seen it

Your original return for that year

Filed on time Filed late Not filed A loss return, filed on time A loss return, filed late

After adding the missed income, is the year still a loss?

No Yes

Do you agree with the department's information?

Yes Partly No: wrong person, already taxed, or time-barred

Your bench, the material and your incomeassumed: ITAT Raipur · material not asked for yet · paid by bank · share not typed

Your ITAT bench

The ITAT bench over your Assessing Officer — Raipur for Chhattisgarh.

Has the department given you its material, and offered cross-examination?

Yes, both Asked, not given Not asked yet

Your total income that year (₹)

Blank is fine — used only to check the donation's share.

Party's name

Matched against the parties named in orders we read.

How did you pay?

Bank transfer or cheque Cash

Tax and interestRate 31.2% and a rough interest estimate unless you change them

Tax rate on this income (%)

30% + 4% cess — the top slab without surcharge. Change it for your slab. Default 31.2.

Income the notice says escaped (₹)

Decides whether the ₹50 lakh limits apply — use the notice's figure. Blank = the income you accept.

Tax, if you know it (₹)

Blank = income × rate.

Interest, if you know it (₹)

Rough: 1% a month from April of the year. The ITR-U utility computes the exact figure.

Anything that bars an updated returnNone ticked unless you tick them

A search, survey or requisition for this year We already filed an updated return for this year Told of information under money-laundering, black-money or benami law Told of information from another country (including a foreign-asset AEOI message) A prosecution has been started A s.148A order said this is NOT a fit case for reassessment

Tick the last one only if you hold such an order.

Client and letterheadNeeded to print; your firm is remembered on this device

Client name

PAN (optional)

Firm name

Blank = the letterhead prints empty, for your own stationery.

Address

Phone / email

FRN

Signing partner

Membership no.

Place

Blank = a line to fill by hand.

Your advice (printed under "Advice")

Blank = three ruled lines for you to write by hand.

How this works

The four doors.

Ordinary updated return: up to 48 months after the year, at 25%, 50%, 60% or 70% extra.
After a s.148 notice: only within the notice's period, at the usual rate + 10%.
Shut by a late show-cause: no updated return at all.
No door: barred, or the 48 months have run out.

Why the 36-month rule matters. A show-cause dated after 36 months shuts every door, even the post-notice one. The law wrote an exception for the post-notice route into the proviso before, but not into this one.

The other view. Some read the later proviso as overriding. We print the literal reading.Verify with CA

Why small cases escape it. A show-cause for under ₹50 lakh must come within 3 years, so it can't come after 36 months.

After a s.148 notice. The updated return is optional, but once you file it you can't reply any other way. The reassessment goes on for anything else.

During a show-cause. On our reading, the ordinary door stays open until a s.148 notice issues.Verify with CA

Political-party donations. The deduction needs a registered party and a non-cash payment, and nothing may come back to you. Whether contesting works depends on your ITAT bench and on whether the department's material links you to a cash-back.Verify with CA

The interest estimate. Tax × 1% for each month from April of the year to this month, counting part of a month as a month. It leaves out late-filing and deferment interest and any tax already paid.

What this page doesn't do.

Draft a reply.
Compute exact interest, surcharge or MAT.
Decide limitation where the department's figure is unknown — type it in the fold.
Handle search or survey cases beyond saying "no door".
Handle years under the Income-tax Act 2025.

Your door

Door

—

an updated return, today

Extra cost of the door

—

on top of tax and interest

Shuts on

—

the last day to file

What decides it for you

Factor	For you?	Why

Your routes, side by side

Route	You pay	What it settles

Waiting for the order adds interest up to the order date; it is not counted here.

Preview the printed note

Want a CA to reply or file the updated return? Karan does these. Ask Karan

Foreign-asset SMS? See what each line of it asks of you

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Statutory rules change; verify against the latest notifications before acting. Maintained by a practicing Chartered Accountant.