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SillyMochi
SillyMochi
11mo
by

Regarding 2022-2023 itr filling

Hey everyone,

I received an email from the Income Tax Department regarding ITR-U filing for A.Y. 2022-23(Attached photo). My annual income was ₹4.5 LPA, and I didn’t file my return earlier.

Do I need to file it today, and is there any penalty if I don’t? What happens if I miss the deadline?

Would appreciate any insights. Thanks!

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11mo ago
SillyRaccoon
SillyRaccoon
11mo

You may want to file for any valid working years you have (within the statute of limitations) so as to avoid any untoward issue in the future. Please file ITR even if you do not have to pay any income tax. Will be useful even during loans too

SillyMochi
SillyMochi
11mo

But CA is asking 5k to file this and its very difficult to file

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