Validity of ITR file after assessment year

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ACOUNTANT
33 Points Posted on 24 April 2021
due date of belated return is is up to end of the assessment year.
what if a person files return after expiry of assessment year
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On 24 April 2021 at 16:06 Report
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Quick Summary
This discussion explores the validity of filing an Income Tax Return (ITR) after the official assessment year has closed. While the general rule is that belated returns must be filed within the assessment year, the thread discusses the possibility of filing after this deadline through a condonation of delay application. Participants share experiences and express curiosity about the legal standing and processing of ITRs filed without prior condonation, especially when they show as successfully e-verified.

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CMA
13117 Points Posted on 24 April 2021
You may file ITR only after filing an application for condonation of delay. If the delay is condoned by the dept then you will be able to file ITR by selecting the option "119(2)(b) after condonation of delay" in the ITR.
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On 24 April 2021 at 16:22
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ACOUNTANT
33 Points Posted on 24 April 2021
Someone has filed it without any condonation and that's surprising...
if he has alredy filed. is it legally valid?
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On 24 April 2021 at 16:25
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CMA
13117 Points Posted on 24 April 2021
Oh! This is new even to me!! I've not come across such an instance so far. Has the ITR been processed? What's the status?
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On 24 April 2021 at 16:39
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ACOUNTANT
33 Points Posted on 24 April 2021
The client has recently filed it so it does not show the status as "processed" but only shows "successfully e verified"
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On 24 April 2021 at 16:47
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CMA
13117 Points Posted on 24 April 2021
I suggest that you wait for some time to see if it gets processed. If yes, then great else file application for condonation of delay. Even I'm curious to know the status at the end.
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On 24 April 2021 at 16:50
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ACOUNTANT
33 Points Posted on 24 April 2021
Me too want to know the results... let's wait and watch
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On 24 April 2021 at 16:53
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Learner
2398 Points Posted on 26 April 2021
Hello guys I have came across the same situation. some one used my mail ID for filing when I was doing my articleship. for that mail ID I got a mail on 23rd april for successful submition of IT Return and with in two days on 25th I got mail for ITR intimation on processing. we can say this is a loop whole for late filers.
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On 26 April 2021 at 14:32

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