InvestorQ : last how many years I can file my returns?
shrinidhi Rajan made post

last how many years I can file my returns?

Answer
user profile image
12 months ago


I’m assuming we’re talking in the context of an individual taxpayer. To be very precise, now it is not possible to file your income tax return after 31st March of the next financial year. 

Let’s say you want to file the return for the financial year 2018-2019, the due date for filing the same is 31st Aug. 2019. You can file the return (with penalty and interest) until 31-03-2020. After 31-03-2020 it is not possible to file your return for FY 2018-2019. 

Similarly after 31-03-2019, one cannot file the return due for FY 2017-18. 
So, technically you have to file your income-tax return for one Financial Year till the end of another financial year, i.e., one year after the end of financial year. After that, no taxpayer is allowed to file their income tax returns (not even with penalty).