Can I file my ITR for two years together, if I missed the ITR filing deadline last year?

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Deal Captain
Rockstar165

Can I file my ITR for two years together, if I missed the ITR filing deadline last year?

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Deal Newbie Deal Newbie
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As far as i know.

You had to file belated return. A penalty of 5000 will be applicable And interest under 243 A,B,C.

If income is less than 2.5 no penalty. For more than 5l 5000.

Last date for belated return is last of dec.


please someone confirm if i am correct, because i am still in learning phase

Cool Cool
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Less then 2.5 lakh return is not filled

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Generous Generous
Admin
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@CA.MAYANK.KOTHARI Please help

Deal Newbie Deal Newbie
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Why do u want to file itr for last year, can't u ignore? If there is no benefit i suggest ignore it.

Deal Captain Deal Captain
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You can file ITR U for last year, only if you have any tax payable.

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