Resolving Compliance Issue for notice received after due date

ITR 169 views 3 replies

I had received a compliance related email on 2nd April for AY-2020-21. This was regarding missed savings interest declaration. However, notice shows generated date as 28th March.

I acknowledged the issue on the compliance portal and paid the tax after filling the details on the Income tax portal , however, I'm not able to submit the revised declaration now as the due date has passed (31st March'2021). 

Considering that I received the mail itself after the due date, how can I now submit revised ITR. Does it need to go in belated category now with penalty?

Replies (3)
You have to file ITR revised return under condonation of delay u/s 119(2)(b) and penalty will be applicable
As you missed the interest on saving bank account.
As per my opinion, if you responded to compliance portal and paid due taxes payable, than there is no need to revise your return if due date for revision is already expired.

it's not advisable to go for condonation of delay u/s 119(2)(b) for above mentioned mistake
As You have paid taxes you may submit ITR revised return under condonation of delay u/s 119(2)(b) or you can ignore it, no problem


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