IT Return for AY 2017-18

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can we not file return after 31.03.2018. if yes section.

Replies (10)

No you can not file 

However you may file return under section 119(2)(b) of income tax act after drafting a letter expressing condonation for delay in filing return to your  concerned CIT

 

or u can also file if u get any notice from IT department
you can file ITR up to 2 years in normal way e.g. for A.Y. 2017-18 you can file up to 31.03.2019 in normal way

Sorry, I don't agree with you Mr.Satish kumar

As per recent amendment, from FY 2016-17 belated IT returns can be filed within completion of relevant AYs

but for FY 2015-16 you may submit return ithin completion of  FY(2017-18) after the relavnt AY(2016-17)

correct Mr. reddy sir...m not aware of this amendment... can you brief in detail sir
sir please

 

Due date for filing belated return(loss of some benefits like no loss carry forward etc.) for FY 2017-18 is 31/03/2019.

Due date for filing belated return for FY 2016-17 is 31/03/2018.

Amendment 

Due date for filing belated return for FY 2015-16 is 31/03/2018.(only for this FY only)

Due date for filing belated return for FY 2014-15 is 31/03/2017. already expired {119(2)b condonation of delay}

Due date for filing belated return for FY 2013-14 is 31/03/2016. already expired {119(2)b condonation of delay}

Due date for filing belated return for FY 2012-13 is 31/03/2015. already expired {119(2)b condonation of delay} 

I hope you could understand

 

yes sir thank you very much
sir can I file itr of FY 2014-15 now....by drafting letter under section 119(2)(b)
and sir how to draft letter under section 119(2)(b)


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