Incometax filing

ITR 186 views 2 replies

Dear all,

i need file my friend itr return for the financial year 2016-17 (refund available). 

now possible filing the above return with refund.

pls give suggestion.

regards,

E.Manjunath

 

Replies (2)

Central Board of Direct Taxes (CBDT) has given the powers to income tax authorities to accept the income tax return for a financial year even after the expiry of due date.

Since last date of filing income tax returns for FY 2016–17 (AY 2017–18) has expired, if you wish to file the income tax returns for the said period, you can request the Income Tax Commissioner to condone the delay in filing income tax return.

Note that the income tax returns can be filed if the claim is related to -

  • Refund
  • Any other relief under Income Tax Act

Time limit for filing the application

Application u/s 119(2)(b) has to be filed within 6 years from the end of assessment year for which income tax return has to be filed. Thus for FY 2016–17, application u/s 119(2)(b) has to be filed on or before 31st March 2024.

Authority to whom application has to be addressed

  • Where the claims do not exceed Rs 10 lakhs - The Principal Commissioners of Income tax/ Commissioners of Income tax

Refer:  e-file_under_section_1192b

yes you can file return and get back the refund.

in this financial year


CCI Pro

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