ITR not verified

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An individual filed their Income Tax Return (ITR) for AY 2022-23 in December 2022 with a late fee, but it was not verified within the deadline. The tax department now considers the ITR as not filed. The user is seeking advice on whether they can file an updated ITR before March 2023 or explore other remedies. Experts suggest filing a condonation request for late verification or filing an updated return from April 1st, 2023, noting potential adjustments for the late fee.

MOHD SHAHID

MOHD SHAHID (Querist)
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17 January 2023 ITR AY 22-23 was filed in Dec 2022 with late fee, but could not verified in stipulated time.It was treated by Deptt that ITR never filed. Can updated ITR be filed before March 2023 Or any other remedy is available. Ld. Experts Opinions are welcome.....Thanks

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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17 January 2023 1. File condonation request to file ITR V for the ITR AY 2022-23 online, if accepted, you can e verify the ITR..
2. Updated return for AY 2022-23 can be filed from 01.04.2023.

MOHD SHAHID

MOHD SHAHID (Querist)
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23 January 2023 Thank you Sir for your valuable opinion, but late fees deposited 1000/ for AY 22-23 wouId be adjusted in Updated ITR.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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23 January 2023 Well, you can verify it when you try to file updated return in April itself.
If you won't have any additional tax liability, you will not be able to file updated return.

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