Income tax return not filed in previous year,actually the income tax computation results in refund,may I file it in ITR U now
Replies (4)
Quick Summary
If you missed filing your Income Tax Return (ITR) last year and are due a refund, you cannot use the ITR-U form. Instead, you may need to apply for condonation permission under section 119(2)(b) of the Act. Alternatively, you might be able to claim the refund in the current year's tax return.