Filing of earlier years returns
This query is : Resolved
30 March 2012
Dear Experts
Please advice me
my client needs to file his returns from the AY 2007-08 onwards.
whether is it possible to file now
if yes under which provisons he can file his returns.
what is the time limit for filing his returns?
Regards
Anil
Please advice me
my client needs to file his returns from the AY 2007-08 onwards.
whether is it possible to file now
if yes under which provisons he can file his returns.
what is the time limit for filing his returns?
Regards
Anil
30 March 2012
Section 139(5) of the Income Tax Act deals with revised returns.
The time limit for filing revised return is 1 year from the end of the Assessment Year or completion of assessment, whichever is earlier.
Accordingly, you can file revised returns for the following years:
AY 10-11 - till 31.03.2012
AY 11-12 - till 31.03.2013
Returns for AY 07-08, AY 08-09 and AY 09-10 CANNOT be revised.
The time limit for filing revised return is 1 year from the end of the Assessment Year or completion of assessment, whichever is earlier.
Accordingly, you can file revised returns for the following years:
AY 10-11 - till 31.03.2012
AY 11-12 - till 31.03.2013
Returns for AY 07-08, AY 08-09 and AY 09-10 CANNOT be revised.
30 March 2012
a/y 2010-11 & a/y 2011-2012 is possible to file income tax returns
if your income tax range/ward officer accepts A/Y 2009-10 can also be filed if it is refund no refund can be passed
if your income tax range/ward officer accepts A/Y 2009-10 can also be filed if it is refund no refund can be passed
31 March 2012
Mr phani raja is not correct. The ITO has to accept the returns for earlier years. All the years are belated returns and to be lodged by the dept once the same are duly filed. Hence you can file the returns from 2007-08 onwards but no refund is possible as the same would be lodged by the ITO. Go a head. Ganeshan
31 March 2012
As per my recent experience which I would like to share, same like Anil I had to file return for last three Ass. years 2011-12, 2010-11 & 2009-10. But I was able to file only first two Ass. years returns, the third return (i.e. A.Y. 2009-10) was neither online accepted nor in hard copy.
So, we are waiting for notice u/s 148 to file return for past year.
If there is way out please, also, let me know..
Regards
So, we are waiting for notice u/s 148 to file return for past year.
If there is way out please, also, let me know..
Regards
31 March 2012
mr.ganeshan says is correct
but in my practical experience i had filed the a/y 09-10 return on 30-03-2012 and it will be lodged i had it acknowledgement also
actually online return is also not acceptable
regards
but in my practical experience i had filed the a/y 09-10 return on 30-03-2012 and it will be lodged i had it acknowledgement also
actually online return is also not acceptable
regards
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