Itr filing is necessary?

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21 Points Posted on 31 January 2023
I have 7 lac income in fy 21-22 from salary and tds deducted.. But didn't file itr
1 itr filing is necessary?
2 what can I do now?
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On 31 January 2023 at 11:10 Report
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Quick Summary
If your annual salary income is above the basic exemption limit and TDS has been deducted, filing an Income Tax Return (ITR) is mandatory. Even if you missed the deadline, you can still file an updated return (ITR-U) under section 139(8A) from April 1st, 2023. Alternatively, you may need to apply for condonation of delay with the Principal Commissioner of Income Tax if ITR-U is not applicable or the period has lapsed.

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SEO Sai Gr. Hosp.
212447 Points Posted on 31 January 2023

Yes, it is mandatory.

File ITR U i.e. updated return u/s. 139(8A) of the act, on or after 01.04.2023.

2 Reply
On 31 January 2023 at 11:41
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17 Points Posted on 31 January 2023
Yes, it is necessary to file ITR in your case. you may file ITR with paying the prescribed fine. If the date lapses to file ITR then you would have to make an application before your jurisdictional Principal Commissioner of Income Tax for condonation of delay. After his order of condonation of delay you may file ITR.
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On 31 January 2023 at 11:44
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Profession Business
28246 Points Posted on 31 January 2023
IN THIS CASE
1. ITR FILING IS NECESSARY.
2. YOU CAN EASILY FILE YOUR RETURNS NOW ALSO BY SENDING A REQUEST THRU DEDICATED LOGIN DASHBOARD PAN ID.
2 Reply
On 31 January 2023 at 12:17
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CFO- at NHTF
58280 Points Posted on 01 February 2023
It's above basic exemption limit and you must file ITR
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On 01 February 2023 at 06:14
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Chartered Accountant
86505 Points Posted on 01 February 2023
You compulsorily required to file your return. File ITR-U.
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On 01 February 2023 at 20:30
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CFO- at NHTF
58280 Points Posted on 02 February 2023
Apply for condonation of delay if possible and request AO to issue notice u/s 148 and you may file ITR under section 148
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On 02 February 2023 at 05:02
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Chartered Accountant
86505 Points Posted on 02 February 2023
No need to go for condonation as ITR-U is available now.
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On 02 February 2023 at 23:29

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