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Itr 3 return not filed for fin year 2021-22

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K V Sukumar

B.Com

60 Points Posted on 25 March 2023

I am running a business . I did not filed my IRT 3 for FY 2021-22 till date . I have prepared the returns . NO LOSS . but RS 40,000 is the refund . In updated returns i cannot claim refund ??? IT IS TRUE . I was in a treatment , thereby i could not do it . PLEASE HELP . HOW to file with refund . please help

Replies (3)

Quick Summary

If you haven't filed your ITR 3 for the financial year 2021-22 and are due a refund, you cannot claim it via an updated return. You'll need to file a condonation request under Section 119(2)(b) of the Income Tax Act. This process requires obtaining permission from your Joint Commissioner of Income Tax (JCIT) to file the delayed return and subsequently claim your refund.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

212450 Points Posted on 25 March 2023

File condonation request u/s. 119(2)(b) of IT act to file return. After getting permission from your JCIT you will be able to file return for the refund.

prasad Nilugal

GST Practitioner & Accounts

15140 Points Posted on 25 March 2023

In Case of refund of income tax excess paid , you Can file return under 119(2)(b) of the income tax Act, condonation of delay , after approval from CIT.