ITR U Filling AY 2022-23

Yasir (article assistant ) (466 Points)

24 March 2023

can I file ITR U for the financial year 2021-22
tax liability 70000
tds 25000
tax to pay 45000

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7 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177713 Points)
Replied 24 March 2023

Yes, add 25% penalty over the tax payable.

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Yasir (article assistant ) (466 Points)
Replied 25 March 2023

Sir in this example how to calculate penalty on tax

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177713 Points)
Replied 25 March 2023

The utility will calculate tax payable with penalty, so need not worry for exact amount.

Approximately it will be 45000+ 25% over it + 5000/- late fees u/s. 234F of IT act.

1 Like

sabyasachi mukherjee (27574 Points)
Replied 26 March 2023

ITS NOT PENALTY . NON FILING OF RETURNS DOES NOT ATTRACT TAX.IF YOU HV PAID TAX LIABILTY THEN IT DOES NOT AFFECT YOU.

m.sahana (2 Points)
Replied 31 March 2023

Iam facing an issue while filling ITR 3 - Schedule S . unable to type pincode . Even though pincode is correct.

A pop up messages appears stating Pincodeincorrect

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177713 Points)
Replied 31 March 2023

Remove the details of employer completely, & refill it.

Meanwhile which ITR you are filing?

For Which assessment Year?

CA. Umesh kumar (ca.umesh11@gmail.com) (1465 Points)
Replied 31 March 2023

Tax payable = 25% of (Tax+interest under section 234A/B/C)+ 5000 if income exceeds 5 lac

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