income tax return
Naresh Khanduri (301 Points)
06 February 2019
can I file income tax return for assessment year 2017-18 in assessment year 2018-19
Naresh Khanduri (301 Points)
06 February 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166027 Points)
Replied 06 February 2019
Last date for filing ITR for AY 2017-18 was 31st March, 2018.
KAAMIL AHAMADH
(ACCOUNTING/TAX CONSULTANCY AND ITR/GSTR FILING)
(253 Points)
Replied 06 February 2019
Hi !
According to the amendment in the Finance Act 2016, you can file your belated IT Returns anytime on or before 1 year from the end of the relevant Assessment Year(AY).
For example, for the AY 2016-17, a belated return can be filed on or before 31st March 2018.
However, with the amendment vide Finance Act 2016, from AY 2017-18 belated IT belated returns should be filed before the end of the relevant AY.
So, for the AY 2017-18 , a belated return can only be filed on or before 31st march 2018.
Hence Due to Amendment you cannot File ITR for AY 2017-18 after 31st march 2018.
Hope this clears the situation.
Regards
KAAMIL AHAMADH (AR-RAHMAN EFILING)
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