Dear Experts,
i want to file an individual income tax return for F.Y. 2013-2014, but it's due date was 31/03/2015 , so is there any way ?
can i file now ? and i am liable for penalty ?
pls. suggest about it . what can i do ?
regards,
manan pandya
ahmedabad
Filing Late Tax Returns: 2013-2014 Only Possible with Section 142(1) Notice; Considerations for 2014-2015 and 2015-2016. An individual inquired about filing an income tax return for the financial year 2013-2014 after the due date of March 31, 2015. A tax expert responded that the return can only be filed if a notice under section 142(1) is issued. The individual then expressed a desire to file returns for subsequent years, 2014-2015 and 2015-2016, and questioned whether the 2013-2014 return could still be filed despite being lapsed. (AI Summary)