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How to file belated ITR online for FY 2022-23 (AY 2023-24)?

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If an individual missed the deadline of July 31, 2023 to file income tax return (ITR) for FY 2022-23 (AY 2023-24), income tax laws allow one to file a belated ITR. The last date to file belated ITR for FY 2022-23 (AY 2023-24) is December 31, 2023. However, do keep in mind that one needs to pay a penalty to file a belated ITR.

« Penal Late fee is levied under Section 234F of the Income Tax Act, 1961, if an individual assessee files a belated ITR. If an individual assessee’s total income is above Rs 5 lakh, then a penal late fee of Rs 5,000 will be applicable. If the total taxable income does not exceed Rs 5 lakh, then the penal late fee will be Rs 1,000, » says Chartered Accountant (CA) Aastha Gupta, Partner, SK Gulati & Associates, a Delhi based CA firm.

Step-by-step guide to file belated ITR for FY 2022-23 (AY 2023-24)

Here is a step-by-step guide on how to file belated ITR for FY 2022-23 (AY 2023-24).

Step 1: Visit ITR e-filing portal: https://www.incometax.gov.in/iec/foportal/.

Step 2: Login using your user ID (PAN or Aadhaar) and password.

Step 3: After logging in, click on ‘e-file’, then click on ‘income tax returns’ and then on ‘file income tax return‘.

Income Tax Return

Step 4: A new webpage will open on your screen. Select the assessment year (AY 2023-24). After this, select the mode of filing, ie, online and offline. Here we have chosen the online method of filing a belated ITR. For the offline method, an individual is required to first download the utility (Excel or JSON) from the e-filing portal. Enter the required details and then upload the same on the e-filing portal. Select the type of ITR – 139(4) Belated ITR. Click on ‘Continue’.

Assessment Year
Type of ITR

Step 5: A new webpage will open. Here, select ‘Start New filing’. If there is any saved ITR draft, it will be shown here as well.

ITR

Step 6: Select your status as ‘Individual’ and click on ‘continue’.

Status

Step 7: Select the ITR form applicable to your income. Here we have selected ‘ITR-1’ as a reference guide. A new webpage will appear on your screen providing individual guidance regarding who can file using ITR-1 form, documents that must be kept handy for faster ITR filing, etc. Click on ‘Let’s get started’.

Click here to read which ITR form is applicable to your income?

ITR Form

Step 8: In the next step, select the reason for ITR filing. Here we have selected, ‘Taxable income more than exemption limit’ for reference.

Reason for ITR filing

Step 9: A new webpage will open showing pre-filled data like your personal information, gross total income, taxes already paid and total tax liability.

Validation of pre-filed information

Step 10: Click on the personal information column to check your personal details such as name, address, contact details etc. While checking ensure that ‘Filing Section – 139(4)’ is selected.

Filing Section

Step 11: The next step is to fill in the details related to gross taxable income. In the online method, most of the details are pre-filled. Hence, it is important to ensure that all the details of your income are pre-filled. If there is any income missing, then the individual will be required to enter such details.

After filing income details, the next step is to claim eligible deductions such as those under sections 80C, 80D, 80TTA etc. Such deductions can be claimed only if an individual opts for the old tax regime.

Based on total taxable income and deductions claimed, the portal will calculate the tax liability. The e-filing portal will take into account taxes that are already deposited.

The final calculation will show if there is any additional tax payable, or if there is a refund due, or tax payable matches with the tax deposited. If there is any additional tax payment, an individual can pay the taxes before making the final submission.

Do note that the tax liability section will impose a penalty of Rs 5,000 or Rs 1,000 as applicable because the individual is filing a belated ITR.

Step 12: Once the tax payment is done, an individual will be redirected to the ITR filing page. Click on the tax paid column and then click on ‘Advance and Self-Assessment’ tax payment column. Here enter the details from the tax challenge and click on confirm.

Once the tax challenge details are added, click on the proceed button.

Confirm all the information and click on ‘preview return’. After this, a new web page will open, and it will show that your validation is successful, and now you should verify the submitted belated ITR. Do note that the filed ITR must be verified within 30 days of filing it. There are six ways to verify income tax returns.

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