Yes, if one could not file the return of income on or before the prescribed due date, then he can file a belated return. A belated return can be filed at any time before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier. A belated return attracts interest and penalty .
E.g., In case of income earned during FY 2016-17, the belated return can be filed up to 31st March, 2018.
No comments:
Post a Comment