28 August 2013
I am running a proprietorship business From FY 2009 but didn't filed any return due to lack of knowledge and also my turnover was very less,now since the business is growing so i want to file return now , Also mine is a business based on sale -purchase so VAT return has been filed for the FY 2009-10,2011-12,2012-2013. Now my question is whether the VAT RETURN for the FY 2010-2011 which i failed to file can be filed now? Also please guide me towards IT return filing as i have never filed it before. From which FY i can file IT return. My turnover from FY 2011-12 is above 60 lakhs but below 1 crore,is there any audit requirement?