Missed ITR filling FY 2021-22

dear sir,

can you give me suggestion for missed itr filing prcedures for fy 202122

mnajunath

 

Replies (5)
Quick Summary
If you've missed the Income Tax Return (ITR) filing deadline for FY 2021-22, you may still have options. For cases with a tax liability, an updated return can be filed under Section 139(8A) of the IT Act, though penalties apply. If you are due a refund, you'll need to seek permission from the JCIT to file under Section 119(2)(b) of the Act, as updated returns are not applicable for refund cases.

You can file updated ITR u/s. 139(8A) of IT act, wherever there is any tax liability.

For refund cases you can file return u/s 119(2)(b) of the act, after getting permission from JCIT.

Last 2 years filing can be done vide itr u
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
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).
Visit IT department and request the officer to issue notice under section 147/148 and file ITR based on it

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