Sir/Mam,
I have refund of last AY 2017-18 can I claim for this refund this assessment year.
According to the amendment in the Finance Act 2016, 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, a belated return can be filed on or before 31 March 2018. However, with the amendment vide Finance Act 2016, from AY 2017-18 belated IT belated returns should be filed before the end of the relevant AY. For instance, for the AY 2018-19, a belated return can only be filed on or before 31 March 2019.
CAclubindia
