Question ID :
44501
ITRU
A person has not filed ITR for 2020-21 and 2021-22 Financial years His income is 490000- and 495000- for the years.Can he file ITR by paying of Rs 1000- penality for each year and without paying any tax
Posted by
Mahesh Kumar
on
Jun 14, 2023
Filed Under
DIRECT TAXES
YES, But only upto 24 month from the end of the relevant AY
Posted by
SURAJ KUMAR CHOUDHARY on
Jun 14, 2023
Answer ID :
85082
Not possible with out paying tax. Late fee payment alone will not suffice.
Posted by
B.CHACKRAPANI WARRIER on
Jun 14, 2023
Answer ID :
85088
No. Now belated return can be filed only up to 31st December of relevant assessment year. Belated return prior to relevant assessment year can be filed only by filing condonation request.
Posted by
CA. chunauti dholakia on
Jun 20, 2023
Answer ID :
85090
YES, YOU CAN FILE UPDATED RETURN FOR THE SAME WITH 1000 RS. PENALTY
Posted by
SHUBHAM SONI on
Jun 26, 2023