INCOME TAX FILING FOR FY 2021-22


This query is : Resolved 

Quick Summary
The due date for filing Income Tax Returns (ITR) for FY 2021-22 has passed. However, you can still file an updated return if tax is payable, though it will incur an additional 25% tax. For cases where a refund is due, filing an ITR after the deadline requires condonation approval from the CIT.

14 April 2023 Sir,
Please explain terms and conditions in brief for all the situations.

14 April 2023 Due date for filing ITR for FY 2021-22 is over. You can file updated return by paying extra 25% tax. Such return can be filed only in case of tax payable.
In refund case ITR can be filed with condonation approval from CIT.

15 April 2023 THANK YOU VERY MUCH SIR

16 April 2023 You are welcome...
........


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