31 March 2018 is the last day to file Income tax return for FY 2016-17 (Law is changed now)


ITR Filling due date for Income Tax Returns (ITRs) for AY 2016-17 (FY 2015-16) and AY 2017-18 (FY 2016-17) will be 31st March 2018. This is the last chance as Law is changed now.

Refer relevant provisions of Income tax :

Section – 139, Income-tax Act, 1961 – FA, 2017

As per section 139(4)

[(4) Any person who has not furnished a return within the time allowed to him under sub-section (1), may furnish the return for any previous year at any time before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.]

Substituted by the Finance Act, 2016, w.e.f. 1-4-2017.

Old provision:

Section 139(4)

“(4) Any person who has not furnished a return within the time allowed to him under sub-section (1), or within the time allowed under a notice issued under sub-section (1) of section 142, may furnish the return for any previous year at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier :
Provided that where the return relates to a previous year relevant to the assessment year commencing on the 1st day of April, 1988, or any earlier assessment year, the reference to one year aforesaid shall be construed as a reference to two years from the end of the relevant assessment year.”



Also link Aadhaar number with PAN by 31 March 2018.





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Hi, I am business consultant working with a team of Chartered Accountants, Company Secretaries, Lawyers & MBAs. I am promoter of " Make Your Business So Simple" "Make Education So Simple" Make Life So Simple" Make Legal Affairs So Simple".

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