A belated Return is the return the taxpayer file after the due date u/s 139(4). Belated returns can be filed in the following ways:
- From your login on the income tax website,
- Using ITR preparation utility
File Belated Return 139(4): Online on Income Tax Website
- Login to your account on the income tax e-filing website.
Enter your user ID (PAN) and password, and click on ‘Login’ on the income tax filing website.
- Navigate to File Income Tax Return
Click on e-File > Choose ‘Income Tax Returns and Select File Income Tax Return
- Enter the Assessment Year and Filing Mode.
Select the relevant AY for filing and online mode.
- Select the Status Applicable
Select the status of filing.
- Choose the ITR form Applicable
- Click on the ‘Personal Information’ section and ensure all your personal details are correct.
- Scroll down to the filing section and select 139(4).
- Fill in all your income details under various source heads and proceed to make the tax payment and Submit the ITR.
File Belated Return 139(4): Using ITR Preparation Utility
- Login to the filing Income Tax Website.
- Navigate to E-file> Income Tax Return > File Income Tax Return.
- Select the Relevant Assessment Year, Offline Mode of Filing, Filing Type as Section 139(4): Belated Return and Continue.
- Attach the JSON file generated using Offline Utility and proceed to verification.
- Ensure to e-verify the return.
Yes. Penalty up to Rs. 5,000 is levied on taxpayer u/s 234F. However, no penalty is levied if the gross total income of a taxpayer is below Rs. 2,50,000.
Yes, ITRs from FY 16-17 falling under Section 139(4) can be revised if they are applicable for Belated Tax Returns. However, earlier filed belated returns cannot be revised.
If an Assessee fails to file his/her return in the prescribed timeline mandated in the Income Tax Act but files it after the due date has passed is referred to as a “Belated Return”. The due date for filing a Belated Return is during or before the end of the relevant Assessment Year.