In 2016, a senior citizen I know of was unable to submit 15H form to bank. As per him, when he tried to file ITR he was unable to do so because he was getting mismatch error in connecting PAN and AADHAR. Now he wants to submit ITR again but due date has passed already? Is there a way to help?
In the event of any errors or omissions in the tax returns, the return may be revised within the specified timelines. For FY 2016-17, the due date for revision is within two years from the end of the financial year, whereas for FY 2017-18 onwards, this period has been curtailed to one year from the end of the financial year. However, the tax returns in either case need to be revised before the completion of assessment.
So I think u cant file a belated return for FT 16-17 now as it could have been filed only till 31.03.2018.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
