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Return filing

pawan patnaik (59 Points)

11 December 2017

Can we file the return for the assignment year 15-16

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3 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (162162 Points)
Replied 11 December 2017

If any refund due, than you can file ITR for AY 2015-16 with condonation request.

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Prakash Mehta (227 Points)
Replied 11 December 2017

if refund is not due then also we can do so or not ?

inorder to get loan from bank need 3yrd return can i file the same by showing a income more than basic exemption by paying tax plus interest can i do so

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (162162 Points)
Replied 11 December 2017

Dear,

Unless there is intimation from department in case of non-filers, assessee cannot file belated return u/s. 139(4) for more than 1 year next to corresponding AY.

Now as per amendment applicable from AY 2017-18 onwards, time limit for filing belated return reduced to 12 months, i.e. for AY 2017-18 it is 31-03-2018. (means only previous year returns can be filed)