Process to get income tax return details for the last 3 years in India?

It is known to everyone that income tax returns mean filing a document with the state tax board or other taxing authority. The document reports about the entire income, tax deductions, tax refund or tax liability. In case of a business person, the report must include the profits and losses of the business. No matter it is of any business or an individual person, a tax return must be filed on the given date every year.

Simple steps of finding previous year tax return details

Details of previous year’s tax returns can be seen online. If you wish to check your last 3 years of filing a tax return in India then you need to follow below-mentioned steps:

  • Firstly, login to Income Tax Departments e-filing website
  • If you have an account then enter your PAN details to log in. You can easily create an account if you don’t have any on e-filing website
  • Once you’re done with signing in the account, go to My Account and then e-Filed Returns / Forms.
  • In this ‘filed return’ section, one can find the complete list of return files. After this, you need to click on the ‘acknowledgment number’. You’ll get a pop-up window asking you about options for downloading the income tax returns for the last 3 years.

Drawbacks of late filing of the tax returns

Filing tax return is every citizen’s responsibility. Thus, it is important to file income tax returns on time. Penalty can be imposed to the person by the tax authorities if he/she is not able to give a genuine reason for the delay in tax filing. From the financial years 2017-18, maximum penalty can be Rs 10,000. One another major drawback is that any delayed tax returns will not be revised. Hope this information would be helpful to make you enough aware about your rights and ITR.