Itr u query

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if income is below 2.5 lakhs, can we still file itr u ? the assesse has forgot to claim a small amount of tds with total income below 2.5 lakhs.
Replies (26)
Conditions not fulfilled
Not possible to file ITR u in this case because there has to be tax payable under ITR U which means income has to be above basic exemption limit
No...
ITR U can't be file for refund.
ITR U can be file if any Tax is payable...
Itr u is only for those assesses where returns hD not been filed for consecutive two years
Hey Mr,

Please do not attend query without reading correctly...

So can't file the return at all in this case? as time limit is over

 

and

 

no option for condonation of delay too. the system shows condonation only for late filing of itr v

Originally posted by : Sharath chandra
So can't file the return at all in this case? as time limit is over

 

and

 

no option for condonation of delay too. the system shows condonation only for late filing of itr v

Even though there is no requirement to file ITR ... but it is needed for loan purposes. 

Show income of 251000 and file ITR with little payment 

Originally posted by : CA Raj Doshi
Show income of 251000 and file ITR with little payment 

I think the above said amount can't chargeable Tax...

Also minimum tax amount like 12.7k (without late fee calculation) in case assessee want to file with payment of Tax.

Originally posted by : Sharath chandra

So can't file the return at all in this case? as time limit is over

- Yes You are exactly correct.

 

and

 

no option for condonation of delay too. the system shows condonation only for late filing of itr v

- Yes, May be.

An Updated Return can be filed if:

  • Return previously not filed
  • Income not reported correctly
  • Wrong heads of income chosen
  • Reduction of carried forward loss
  • Reduction of unabsorbed depreciation
  • Reduction of tax credit u/s 115JB/115JC
  • Wrong rate of tax
You can't file ITR-U for refund . You have to apply for condonation of delay . On receipt of approval you file ITR and claim refund
Originally posted by : CA Rashmi Gandhi
You can't file ITR-U for refund . You have to apply for condonation of delay . On receipt of approval you file ITR and claim refund

How to file condonation of delay ? Offline ? There is no option to file it online for late filing of itr. It is there only for verification of itr. 

Application to be filed manually
After a Long time I seen You CA Rashmi Gandhi.,

Welcome Ms* CA Rashmi Gandhi...


Can You differenciate the condonation of delay for ITR U & under section 119(2)(b).

Bcoz, here we used the common name as CONDONATION DELAY REQUEST...


CCI Pro

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