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How to file a belated ITR
Missed the date. Still file. An unfiled year is worse than a late fee.
- Use the e-filing portal, the same ITR form, marked belated (section 139(4)). Usually open till 31 December of the assessment year.
- Pay tax + 234A interest before you submit if you can.
- Expect 234F: ₹5,000 if income > ₹5L, else ₹1,000.
- Some loss carry-forwards get restricted. File anyway.
Taxism files belated ITR-1 / ITR-2 (after 31 July) and ITR-3 / ITR-4 (after 31 August) the same way as on-time returns — with the fee shown before you approve.