Itr return refund on belated return

For AY 2014-15 you can file the return till 31st March 2016 & for AY 2015-16 time till 31st March 2017. But, why do you have to wait till then, get your return filed at the earliest.

as per recent cbdt circular now department can issue refund of 6 years with app of condonation of delay for filing return nd claiming refund . if assessee prove there was genuine hardship.

so on the basis of circular of even if date expired for return you can claim refund by giving declaration to department

source:cirular 9/2015 dt 9.6.15

Better submit belated return for A.Y.14-15 before 30 march 2016 failing to which you need to face difficulty as condonation of delay petition has to be filed with CIT and only manual return possible(which will end you up in high professional costs and time consuming)