ITR of fy 22-23 not processed

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If your Income Tax Return (ITR) for the financial year 22-23 has been processing since September 2023, you might be wondering about the timeline. The Income Tax Act specifies that an intimation under Section 143(1) must be issued within nine months from the end of the financial year the return was filed. Therefore, for returns filed for FY 2022-23 (Assessment Year 2023-24), you should expect the intimation notice by 31st December 2024.

Nitesh kumar

Nitesh kumar (Querist)
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23 June 2024 My ITR of fy 22-23 is under process since September 23, is there any time limit to proceed it?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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23 June 2024 The Income Tax Act provides that no intimation under section 143(1) can be issued after the expiry of 9 months from the end of the financial year in which the return of income is filed.
Hence, for ITR submitted for FY 2022-23 (AY 2023-24), the intimation notice will come on or before December 31, 2024.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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30 August 2024 Good luck.

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