Hello Everyone
Can We file the income tax return from last 2 year
2020-2021 and 2021-2022 now?
Menu
ITR Filling for last 2 year
Replies (5)
Yes, ITR for FY 2020-21 & FY 2021-22 can be filed u/s. 139(8A) of IT act, provided there is no refund claim.
Otherwise, it can be filed u/s. 119(2)(b) of the act.
Due date is over. Hence original return can't be filed under section 139(1).
However Updated Return can be filed if there is tax liability
However Updated Return can be filed if there is tax liability
You can file ITR u/s 139(8A) if income is above 2.5 lakhs.
Also in case of tax payable you have to pay 125% of tax amount.
In case of refund, you can't opt for return u/s 139(8A) because refund will not be allowed in case of return u/s 139(8A).
Also in case of tax payable you have to pay 125% of tax amount.
In case of refund, you can't opt for return u/s 139(8A) because refund will not be allowed in case of return u/s 139(8A).
File itr U.
You can also visit the department and get notice under section 147/148 and ITRs can be filed based on the notice reference nos
Recent Threads
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
Related Threads
CAclubindia
