Here’s what you can do to file belated returns 

File a Condonation of delay request for specific cases:

The Income Tax Department can allow taxpayers to file returns post the
deadline for specific cases. CBDT has issued a circular No.  9/2015-Income
Tax, Dated: 9-6-2015, in this regard where if the taxpayer has tax refund
pending or wish to carry forward his losses and missed the deadline of filing of
tax returns, then he can file an application to the Income tax commissioner or
the prescribed authority,”
There are certain parameters based on which applications can be accepted or
rejected by the department:
1. Case is based on genuine hardship on merits.
2. Income is not assessable in the hands of any other person under the Income
Tax Act.
3. The refund has arisen as result of excess tax deducted or tax collected at
source, advance tax or self-assessment tax.
4. The Pr. CCIT/CCIT/Pr. CIT/CIT dealing with the case shall be empowered to
direct the jurisdictional assessing officer to make necessary inquiries or
scrutinize the case in accordance with the provisions of the Act to ascertain the
correctness of the claim.
The time limit to file such application is six years from the end of the
assessment year for filing the return. (Assessment year is the year immediately
following the financial year). Therefore, for such taxpayers who have missed
the deadline of March 31, 2018, can file such application by 31 March 2023 (for
FY 2015-16) and 31 March 2024 (for FY 2016-17). In case of belated tax
refund, no interest will be paid by the department to you.
The application will have to be disposed by the department within six months
from the end of the month in which the application is received as far as possible.
Exceptions:  
If all taxes are paid but return not filed
If the taxes you are supposed to pay have been cleared but if you have not filed
your ITR before March 31, 2018, then you do not have the option to file their
ITR now or to apply for condonation of delay. However, the department can
issue a notice under section 271F for levying of penalty on non-filing of ITR.
The maximum penalty in such a case is Rs 5,000. No penalty will be levied if
there is a genuine reason for such non-compliance and if the income tax officer
is satisfied with the reasons submitted.
 Actions that tax department might take against you
 Every taxpayer is required to file ITR if his/her total income exceeds the
basic exemption limit. The department can issue you a notice under section 148
for income escaping the assessment for non-filing of ITR. You will be required
to respond to that notice on the income tax e-filing website as well as file your
ITR to comply with the notice issued by the tax officer. For non-filing of return,
the department can take various actions against you. This includes following
 Issuing a notice or in the worst case scenario,
 You might get penal actions and get a maximum jail term of seven years.
 Penalties as mentioned below
o For FY 2015-16, a penalty of 100-300 percent of the tax payable
amount will be levied as per the discretion of the assessing officer
o For FY 2016-17, a penalty of 50 percent of the tax payable amount
will be charged
If TDS has been deducted from your income and you have not filed your ITR,
then department can issue you a notice under 142 (1) (i) for non-filing of
returns. A penalty may also be levied by the assessing officer of Rs 5,000 for
non-filing of income tax returns.
P.S. : If a person has at least paid his taxes along with interest even if he/she
cannot file the ITR after March 31, 2018 then in such a case, chances are he/she
might not be liable to pay penalty for under-reporting of income.