Just not possible as from 1st April 2018, filling of ITR of any previous year is just not possible under the present Income Tax law. You can filed Income Tax Return for previous years after getting permission from Income Tax Deptt.
Why did I not file tax return for 8 years?
Failing to send a return in on time is almost certainly careless, so they can assess a further two years. However, they need to be able to prove deliberate behaviour before they can assess any more years. I think they’d argue that failure for 8 years (when presumably returns were filed previously) was deliberate behaviour! Prove It!
When did my client not file a tax return?
I have a client who has not filed a tax return since 2005. I have extracted all of the information from him (as best I can) and prepared tax returns for the last 7 years. He does owe tax for all of the years. I am aware that the filing window (of 4 years) has now closed.
When to file income tax return after due date?
Krishna: Arjuna, if the return is not filed as per section 139 (1) of The Income Act then the tax payer can file the return till the end of that particular assessment year. For e.g. return for Financial Year 2018-19 can be filed till 31 st March 2020.
Can You claim a previous year TDS refund?
If TDS refund is due to you and you are not required to pay income tax for the previous years, you can claim refund even if you have failed to file ITR.
When do you get your tax refund after 3 years?
Or taxes were not withheld but you might be eligible for a refundable EIC (Earned Income Tax Credit). Generally, you have three years from the original tax return deadline to file the return and claim your refund. After three years, the refund will go to the government (specifically the U.S. Treasury).
How can I get my last year’s tax return?
If you didn’t keep a copy of last year’s return or it’s not handy, check with your tax preparer or look at the software you used to prepare your return. If none of these options are available, you can request an electronic or mailed transcript. Go to the IRS’s website and search for “Get Transcript.”
What to do if you haven’t filed your tax return?
If you haven’t filed your federal income tax return for this year or for previous years, you should file your return as soon as possible regardless of your reason for not filing the required return. If you need help, check our website. We have tools and resources available, such as the Interactive Tax Assistant (ITA) and FAQs.
Where do I file my past due tax return?
Filing Past Due Tax Returns. File all tax returns that are due, regardless of whether or not you can pay in full. File your past due return the same way and to the same location where you would file an on-time return. If you have received a notice, make sure to send your past due return to the location indicated on the notice you received.
What happens if you file a late tax return?
If you do not have any outstanding tax debt, you won’t be charged any penalties, but the agency will be able to assist you in the correct method for filing your old returns. However, if you owe tax debt and wish to file a return that is more than a year old, the CRA’s Voluntary Disclosure Program could be the best option.
