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Old ITR query

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Yogendra Singh

103 Points Posted on 17 September 2021

Respected sir/madam,

Can I file F.Y. 18-19 and F.Y. 19-20 ITR now. Can there is any process for that?

Replies (6)

Quick Summary

This discussion clarifies the possibility of filing old Income Tax Returns (ITRs) for Financial Years 18-19 and 19-20. While you cannot file them together, you can generally file a 'belated return' up to one year after the end of the relevant Assessment Year. If this deadline has passed, you may still be able to file by applying for a condonation of delay through the online income tax portal.

Rama chary Rachakonda

Master in Accounts & high court Advocate

9620 Points Posted on 17 September 2021

According to the Finance Act 1987 amendment, you can file your belated IT Returns anytime on or before 1 year from the end of the relevant Assessment Year (AY). Example, for the AY 2016-17, the timeline to file a belated return was on or before 31 March 2018.

Rama chary Rachakonda

Master in Accounts & high court Advocate

9620 Points Posted on 17 September 2021

No, you cannot file an ITR for the last three years together, that is, in one year. ... In case you have missed the extended deadline fixed for filing your ITR, you can still file your ITR with a penalty through a 'Belated Return' which was first introduced in the Finance Act of 2017. FILE YOUR ITR NOW!