08 March 2015
You can file return of FY 2012-13 i.e., AY 2013-14 within 31.03.2015 u/s 139(4) but a penalty of Rs 5000/- (Maximum) may be levied u/s 271F. Kevy of penalty u/s 271F is at the discretion of AO after giving you an opportunity of being heard.
Return of FY 2011-12 i.e., AY 2012-13 is time barred. Last date was 31.03.2014.
Only way to file return of AY 2012-13 is to invoke section 119(2)(b) i.e., application for condonation of delay. See below link for details:
09 March 2015
If you were not required to file return u/s 139(1) then no penalty.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
09 March 2015
Sir,
Again i like to inform you due to some personal problems from July 2014 to Feb 2015 i am unemployed and at present my Salary in Small firm is only 15K per month and
The Total Salary for FY 14-15 is Rs.107130 TDS deducted for FY 14-15 is Rs.794/-
Hence i would like to ask you on the basis of above can i file a ITR for FY 2014-15 for refund of my TDS on Salary.