Filing of belated itr for f.y. 2014-15 and f.y. 2015-16.

This query is : Resolved

Naveen Kumar (Querist)
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29 November 2016 I want to file my belated individual ITR for f.y. 2014-15 and f.y. 2015-16. What is the last date for filing of belated ITR for both year and,
what is the rate of interest and penalty if (1) it is taxable return & (2) it is non taxable return.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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30 November 2016 For AY 2015-16 and AY 2016-17 return may be filed till 31st march 2017. Interest will be payable as per section 234A on taxable return.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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01 December 2016 Yes, you can file return for FY 2014-15 and 2015-16, due date expired, you can file return before 31st March 2017 for FY 2014-15,

Since you have mentioned non taxable return, no interest will be charged.