Mysuru: With the amendment to Income Tax Act, any person who receives any income by way of Salary, Pension, Interest, Profession fee, etc., and who have NOT filed their Income Tax (IT) return for the FY 2015-16 (AY 2016-17) and FY 2016-17 (AY 2017-18) shall file before Mar. 31 which is the last date. After last date, IT return for earlier period cannot be filed.
Those who had income that was less than the threshold limit for income taxes to apply, but deposited a considerable amount of cash in bank during the demonetisation period shall also file a tax return.
