Can I file ITR for last 3 years now?
Yes, you can file ITR for the last 3 years now. The Income Tax Department has introduced a new provision called ITR U filing, which allows taxpayers to file their ITR for the previous two assessment years. This means that you can now file your ITR for the financial years 2020-21, 2021-22, and 2022-23.
To file ITR U, you will need to download the ITR U form from the Income Tax Department's website and fill it out. You will need to provide the following information in the ITR U form:
- Your PAN
- Your assessment year
- The reason for filing the ITR U
- The details of your income and deductions for the relevant financial years
Once you have filled out the ITR U form, you will need to submit it online or by post. You will also need to pay the difference in tax, if any.
The deadline for filing ITR U is 31st March 2024. If you fail to file ITR U by the deadline, you may be liable to pay late filing fees and interest.
Here are the steps on how to file ITR U:
- Go to the Income Tax Department's website.
- Click on the "ITR U" tab.
- Select the assessment year for which you are filing ITR U.
- Download the ITR U form.
- Fill out the ITR U form.
- Submit the ITR U form online or by post.
- Pay the difference in tax, if any.
I hope this helps! Let me know if you have other questions.