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chiranjib konwar

Time period for belated return...
SIR, Can I fill A.Y 2017-18 return now? Is the department calculate the penalty for late filing of return? I have not filed any return in previous years.
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Amlan Dutta
No, you can't. Basically, section 139 stipulates time period for filing of returns i.e section 139(1) for due period , 139(4) for belated period for late returns ....Now, you cannot use section 139(4) now anymore since belated period of filing for AY 2017 18 is already over on 31st March 2018......
  • May 16, 2018
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Pradeep

Belated return...
Sir I filled my IT return for the AY 2017-18 as on 30 mar 18 and I send FORM V to department and it delivered on 26 Apr 18.
My question is whether my return shall be processed or not
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Amlan Dutta
There should be absolutely no problem .....Return has been filed before end of belated period i.e 31/03/2018 ...the acknowledgement can be send and should reach them within 120 days i.e 31st July

Your acknowledgement i.e ITR V gas reached on 26th April itself , so no need to worry. Your ITR return...
  • April 27, 2018
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