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Return filing

MURALIDOSS (INCOME TAX PRACTITIONER) (1329 Points)

10 October 2017

for the ass.year 2016-17 still can file return?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 10 October 2017

Yes, belated return u/s. 139(4) for AY 2016-17 can be filed till 31.03.2018.

Kindly note that the amendment made by the Finance Act, 2017 is applicable from assessment year 2017-2018 and the due date for filing bleated ITR for AY 2016-17 is up to 31st March, 2018.

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jack sutter (business analyst) (30 Points)
Replied 11 October 2017

In one financial year you can file your IT Returns for previous 2 financial years. For example – in the FY 2016-17, up till 31st March 2017, you can file return for the previous 2 financial years 2015-16 and 2014-15. From FY 2018-19, IT Returns for previous financial year can only be filed because the time period to file belated return or revised return has been reduced to one year from the end of the relevant assessment year to one year from the end of the relevant financial year. For example, return for FY 2016-17 can be filed or revised till 31.03.2018 only.

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MURALIDOSS (INCOME TAX PRACTITIONER) (1329 Points)
Replied 11 October 2017

yes ji. for my client he didn't file f.year 2014-15 .can I file 16-17,17-18 only?

Theivasankar (Income tax practitioner) (52 Points)
Replied 31 October 2017

Dear sir,

I have Filled Fy 2015 - 16 income tax Return.5 parties Turn over menstion in P&L..But TDS only Menstion 4 Parties..But now pending 1 pary TDS amount E-TDS Last month Very late Rs.70000/- So How to Get the Refund amont Fy 2015 - 16..Already income tax processed FY 2015-16