Filling a.y 16-17

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RASH BIHARI JHA

RASH BIHARI JHA (Querist)
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29 March 2017 sir
if a person fail to filling a.y 16-17 .he fillied after march 17

kanika

kanika (Expert)
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30 March 2017 Hi

As per section 139(4) of Income Tax Act 1961 Belated return can be filled within end of 1 year from end of the relevant assessment year. For FY 15-16 the AY is 16-17 ( End of AY is 31st March '2017) .So we get further time of 1 year from the end of relevant AY i.e we can file the return by 31.03.18

For your information from AY 17-18 onwards this time limit is reduced by 1 year and return for the AY 17-18 has to be filed by 31.03.18

Thanks

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CA Gopal Somani

CA Gopal Somani (Expert)
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30 March 2017 For Financial Year ending 31/03/2016 last date of filing ITR is 31/03/2018.

Amendments in section 139(4) are applicable from AY 2017-18, From FY 2016-17 onwards return can be filed before end of relevant assessment year

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