ITR Filing Date

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A private limited company is asking if they can file their Income Tax Return (ITR) for the Financial Year 2019-20 after the 31st of March 2021 deadline. The advice given is that it's not possible to file directly after this date. To file a belated return, a 'condonation of delay' procedure is required, especially if there's a refund involved. It's strongly recommended to file before the 31st of March 2021.

sankar ponnan

sankar ponnan (Querist)

24 March 2021 SIR- We are Pvt Ltd Company and It is not possible to file ITR for F.Y. 2019-20 before 31-03-2021.
Can we file it after Mar 31st 2021?

Plz guide us
Thanks in adv

Ganeshbabu K

Ganeshbabu K (Expert)

24 March 2021 Belated ITR can be filed either before the completion of the assessment year or by the end of the relevant assessment year.

So its not possible to file ITR for F.Y.2019-20 after 31/03/2021

Have to go for condonation of delay procedure to file return later, suggested to file return before 31/03/2021

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

25 March 2021 NO, YOU CANT FILE ITR FOR FY 2019-2020 AFTER 31/03/2021.

THEREAFTER YOU CAN ONLY FILE IF YOU WOULD APPLY FOR CONDONATION OF DELAY
AND THERE IS REFUND.

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