Know Option for Individual Tax Payer who failed to file Income Tax Returns by 31 December 2022
| Individual Tax Payer Due Date For A.Y.2022-2023 (F.Y.2021-2022) for all type of returns which they can file in any of the ITR forms |
| Individual Tax Payer Due Date For A.Y.2022-2023(F.Y.2021-2022) |
| Particulars | Original Income Tax Returns till 31 July | Revised Income Tax Returns till 31 December | Belated Income Tax Returns till 31 December | Updated Income Tax Returns 31 Mar 2025 |
| Can Refund can be claimed in ITR? | Yes | Yes | Yes | No |
| Late fee Applicable u/s 234F as per Income Tax Act ? | No | No | Yes | Yes |
| Can Loss set off allowed? | Yes | Yes | Yes | Yes |
| Can Carry Forward of loss allowed? | Yes | Yes | No | No |
| Due dates for Individual Tax Payer | 31.07.2022 | 31.12.2022 | 31.12.2022 | 31.03.2025 |
The Taxpayers who have missed to file ITR by 31 July can always file by 31 December. However if the taxpayers have not filed by 31 December, then He has to wait for ITR -U i.e Updated Returns which will open for FY 2021-22 from 1 April 2023 till 31 March 2025
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