Income tax query f.y.19-20


This query is : Resolved 

Quick Summary
If a client has taxable income for the financial year 19-20 and has failed to file their income tax return, there are still options available. While direct filing is no longer possible, you can pay the applicable taxes and interest accrued. Alternatively, an application can be made under Section 119(2)(b) for condonation of the delay. This approach aims to save on penalties during the assessment process.

03 April 2021 One of client has taxable income in f.y.19-20.he has failed to file the it return.
Question:
What is the suggestion in this case.

03 April 2021 Pay the applicable taxes. ITR can't be filed now.

09 April 2021 Application u/s 119(2)(b) can be filed, alternatively you may pay the tax and interest till date so that penalty can be saved at the time of assessment.


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