ITR Filing for Previous Years | Belated Income Tax Returns | Form 16 | Tax Refunds скачать в хорошем качестве

ITR Filing for Previous Years | Belated Income Tax Returns | Form 16 | Tax Refunds

The deadline to file income tax return (ITR) has been extended to November 30, 2020 for FY19-20. Remember to e-verify your returns within 120 days of e-filing. If you file your return after the deadline, i.e. on or after December 1, 2020, then you would have to pay a late fee of up to Rs 10,000. However, if your income is below taxable limit then you won't have to pay it even if you file after the deadline. Late filing of ITRs is called belated returns. According to the Finance Act 2016 amendment, the belated IT returns should be filed before the end of the relevant AY. If you have received a notice from the Income Tax Department asking you to file your returns that go beyond 2 financial years, you can visit ClearTax to prepare your returns. You can then print this return and submit it to the Income Tax Office in your ward.