Ay 2016-17 return

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2017 Dear Sir,
Whether the AY 2016-17 return can be filed after 31/03/2017?

Please advise me.

28 March 2017 Yes, you can file tax return upto 31st March 2018

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2017 And what about the rumours that from 1st April only one year return can be filed ?


28 March 2017 For Financial Year ending 31/03/2016 last date of filing ITR is 31/03/2018.

Amendments in section 139(4) are applicable from AY 2017-18, From FY 2016-17 onwards return can be filed before end of relevant assessment year

29 March 2017 You can file belated return u/s 139(4) for the FY 2015-16 i.e., AY 2016-17 on or before 31.03.2017 without any penalty. Return for AY 2016-17 can also be filed u/s 139(4) upto 31.03.2018 but subject to a maximum penalty of Rs 5000/- u/s 271F. So it is advisable to file the return on or before 31.03.2017.



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