Last date for Filing ITR of FY 2015-2016 and 2016-2017 : 31st March, 2018

Last date for Filing ITR of FY 2015-2016 and 2016-2017 : 31st March, 2018 Yes, you heard it right. This is a warning bell if you are over with the budget 2018 updates. Its time to check whether your income tax return is filed or not. If you were not able to file your return within due date, then Income Tax gives you chance to file belated return section 139(4) of Income Tax Act 1961. Provisions of Sub section 4 of Section 139 read as follows (uptoFinance Act, 2015) [relevant for AssessmentYear2016-17/Financial Year 2015-16] ''As per Section 139 (4) Any person who has not furnished a return within the time allowed to him under sub-section (1), or within the time allowed under a notice issued under sub-section (1) ofsection 142, may furnish the return for any previous year at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier :"

"Provisions of Sub section 4 of Section 139 were changed by the Finance Act, 2016, w.e.f. 1-4-2017 [relevant for AssessmentYear2017-18/Financial Year 2016-17]:

(4) Any person who has not furnished a return within the time allowed to him under sub-section (1), may furnish the return for any previous year at any time before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.''

Conclusion

Last date for Filing ITR of FY 2015-2016 and 2016-2017 : 31st March, 2018

So, this will be last chance to file the Income Tax return else you have to face the consequences for non-filing of the income tax return.

Relevant Links:

Income Tax Login Link Adhar