An individual, due to various reasons, cannot file his return of income for the assessment year 2022-23 on or before 31.12.2022. Can it be possible to file a return of income u/s 139(8A) of the income tax act and if so, what is the additional tax payable
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Kinldy help
Replies (1)
Yes, after 01.04.2023, only if there is any tax liability.
25% interest on tax payable, would be charged as penalty.
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