Belated Return is the return the taxpayer shall file after the due date u/s 139(4). Belated return can be filed in the following ways:
- From your login on income tax website,
- Using ITR preparation utility
File Belated Return from Login on Income Tax Website
- Login to your account on the income tax e-filing website.
- Navigate to the dashboard
Click on Filing of Income Tax Return.
- Enter Assessment Year, ITR Form Number, Filing Type and Submission Mode.
Click on Continue.
- Go to Part A General Information. Check all the basic details. You can edit the same as well
Select 139(4) Belated from Filed u/s dropdown while preparing ITR.
- Enter details of Income and Deduction under the correct tab.
Click on Preview & Submit. Verify all the data entered in the ITR and Click on Submit. Don’t forget to e-Verify your ITR.
File Belated Return Using ITR Preparation Utility
- Go to incometaxindiaefiling.gov.in
- Go to Download section and click on IT Return Preparation Software
- You can download Microsoft Excel or Java Utility for applicable ITR. Click on the Utility to download a zip of utility.
- Unzip the downloaded utility. Enter the personal details in ITR. Select 139(4)-Belated from Filed u/s dropdown while preparing ITR.
- Enter details of Income and Deduction under the correct tab in ITR Utility.
- Click on Save to generate and save an XML file of prepared ITR on your PC.
- Login to your account on the income tax e-filing website. Enter user ID (PAN), Password, Captcha Code and click on ‘Login’
- Click on Filing of Income Tax Return
- Enter Assessment Year, ITR Form Number, Filing Type and Submission Mode. Select Submission Mode as Upload XML. Select the e-verification option and Click on Continue.
- Attach the ITR XML file and click on Submit.
Yes. Penalty up to Rs. 10,000 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.