Why is March 31 deadline to file belated AY 2017-18 returns?
According to provisions in Budget 2016-17, belated return can now be filed anytime before the end of the relevant Assessment Year (AY). Earlier, a taxpayer could file belated return before the completion of one year from the end of the relevant AY. Hence, deadline to file belated returns for AY 2017-18 is March 31, 2018 and not March 31, 2019.