ITR 7 HAS NOT BEEN FILED

what will be the impact on assessee if return which covered u/s 10(23c)(iiiad) could not be filed for asst year 2018-19?
Please suggest
Replies (4)
Quick Summary
If an ITR 7, specifically for income covered under Section 10(23C)(iiiad), was not filed for the assessment year 2018-19, the assessee may lose their tax exemption for that year, making the income fully taxable. While filing a belated return is possible, it will likely incur penalties. It is advisable to contact the Assessing Officer (AO) and file the return as soon as possible to mitigate further issues.

What is the gross total income?
If in the last year u have filed it's ok
.
The gross receipt is around Rs. 95 lakhs
return is being filed regularly except for asst year 2018-19
For assessment year 2018-19 you cannot get exemption. income is fully taxable.
Write to the AO..

FILE RETURNS

FILE BELATED RETURN penalties will be imposed.

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