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Filing of Previous Return

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Waseem Syed

Advocate

272 Points Posted on 15 May 2023

Whether I can file return for previous years? if yes, then for how many years?

Replies (2)

Quick Summary

You can file an updated tax return for the last two assessment years under Section 139(8A) of the Income Tax Act, provided you pay any additional tax and interest. For cases involving refunds, filing for previous years might be possible under Section 119(2)(b) after obtaining approval from the CIT, especially if there's a delay. It's advisable to seek further opinions as the applicability of Section 139(8A) is specific.

prasad Nilugal

GST Practitioner & Accounts

15146 Points Posted on 15 May 2023

1) You Can file updated return under section 139(8A) of the income tax Act in for last two assessment years with additional. interest ( In Case of tax payable)

2) In Case of refund you Can file under section 119 (2) (b) of the income tax Act. (conditions of delay) after approval from CIT .

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