A taxpayer paid their income tax, including penalties and charges, by the 31st of December for AY 2022-23. However, they were unable to file their Income Tax Return (ITR) by the deadline due to a technical glitch. They are concerned whether this constitutes non-compliance and will attract further penalties, especially as they intended to include bank interest income. The consensus is that since the tax and penalty were already deposited, no additional penalty should be levied.
12 January 2023
In case of income tax including penalty and charges were already deposited but revised income tax return was not filed on 31st December for AY 2022 23 will this attract penalty or will it be termed as non compliance on tax payer part? Taxes were deposited as determined by income tax utility calculator by using income tax login but due to technical glitch the return could not be submitted on 31st December. I was wanting to add bank interest income in other income cokumn in ITR 2.