ITR FY 2020-2021 FRESH


This query is : Resolved 

Quick Summary
If you've missed filing your Income Tax Return (ITR) for the financial year 2020-21, you may still be able to file an updated return. However, be aware that if you have a tax liability, a penalty of 25% of the additional tax will be levied, along with interest. It's advisable to seek guidance on the process and implications.

16 July 2022 I HV MISSED TO FILE ITR FOR FY 2020-21. CAN I FILE IT NOW. IS THERE ANY PENALTY OR FINE IS THERE.

PL GUIDE

16 July 2022 If you have any tax liability, you can file ITR U.
As a penalty, 25% additional tax would be levied along with interest.

16 July 2022 You can file it through updated return

18 July 2022 https://blog.saginfotech.com/file-income-tax-updated-return-form


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