current month is December 2022.
can I file my ay 21-22 return (FY 2020-21) now?
Yes, if there is any tax liability.
Filing of ITR u/s. 139(8A) of the act is possible with 25% interest over tax liability, as penalty.
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183249 Points)
Replied 13 December 2022
But if there is any tax refund, go for sec. 119(2b) of IT act for condonation of filing return...
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 13 December 2022
Original return and belated returns can't be done but Updated Return can be filed if the GTI is above 2.5lacs and if there is any tax liability
nisha hussain
(20 Points)
Replied 13 December 2022
If there is no tax liability and no refund then can we file the return? if yes the what is the procedure?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183249 Points)
Replied 13 December 2022
| Originally posted by : nisha hussain | ||
 |
If there is no tax liability and no refund then can we file the return? if yes the what is the procedure? |  |
For AY 2022-23, it is possible, but not for earlier years.
But, in case you get any enquiry from IT department, then you can....
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