My income is not taxable then Is it possible for me to file ITR-U? What will be the Fees/Penalty/Charges I have to pay?
6 Replies
mahesh deshmukh
(13 Points)
Replied 20 February 2025
But sir, I do not have taxable income then why income tax department is sending me repeated emails to file ITR-U? I don't understand. One of my friend doesn't have any entry in the AIS for FY2021-22, till he is receiveing email to submit ITR-U.
sabyasachi mukherjee
(27713 Points)
Replied 22 February 2025
Itr u is applicable for persons who has not filed returns for consecutive 2 years.
Tauseef Farooque
(Tax consultant)
(41 Points)
Replied 24 February 2025
It is last oppurtinity to file ITR, ITRU for fy-2021-22 after 31-mar-2025 we can't file ITR,
Yes, you have to pay penalty Rs.1k upt 5L income and above 5L will be pay Rs.5k.
Nil ITR not allowed to file, Nil Means income are under exemption limit
mahesh deshmukh
(13 Points)
Replied 07 March 2025
My income is under exemption limit till I am getting emails/SMSs to file ITR-U? Why?
Tauseef Farooque
(Tax consultant)
(41 Points)
Replied 09 March 2025
Due to limit of time you are getting emails/SMS.It's last chance to file itrU for the period of AY-2022-23
Recent Topics
- Revenue or cost ?
- Selling of Fully Duty Paid Imported goods as FOC
- Company striked off in 2007 a specific question
- Income tax AY 22-23
- Filing of updated return
- ITC on Warranty Extension
- TAX RELIEF ON SEVERANCE PAY
- Offline appeal documents doubt
- Https://www.facebook.com/calmxcbdcapsules/
- 15CA Mistakes
Related Threads
CAclubindia
