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Return filing

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 April 2013 SIR I HAD NOT FILED RETURN SINCE
ASSESSMENT YEAR
2008 - 2009
2009 - 2010
2010 - 2011
SO CAN I FILE RETURN NOW
AS THERE IS TAX DEDUCTED IN THIS PERIOD
AND I WANT TO CLAIM THIS REFUND

01 April 2013 I AM REALLYYYYYYYYYYY SORRY TO SAY THAT NOW, AT PRESENT YOU CAN'T FILE YOUR IT RETURN( EITHER MANUALLY/ONLINE ) FOR A.Y 2008-2009, 2009-2010, 2010-2011 BECAUSE TIME ALREADY EXPIRED FOR THE ALL GIVEN RELATED A.Y .
1) A.Y 2008-2009--> LAST DATE 31/03/2010.
2) A.Y 2009-2010--> LAST DATE 31/03/2011.
3) A.Y 2010-2011--> LAST DATE 31/03/2012.
SORRY, VERY SORRYYYYYYYYYYYYYY,
Thanking You,
PALASH RAKSHIT.

01 April 2013 Yes, you can't file return for such years now and can't claim TDS.

OM SAI SRI SAI JAI JAI SAI


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Querist : Anonymous

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Querist : Anonymous (Querist)
01 April 2013 one of my friend told me that i can file but it will attract penalty of rs 5000/- per return is it correct

01 April 2013 WHY DON'U UNDERSTAND , THAT, FOR A.Y 2012-2013, YOU CAN RETURN YOUR IT FILE WITHIN 31/03/2013 ( WITHOUT IMPOSING ANY PENALTY OF RS 5000/= FOR LATE RETURN FILING ) & YOU CAN ALSO FILE YOUR RETURN AFTER 31/03/2013 & UPTO 31/03/2014 , THEN IN THAT CASE , A PENALTY SHOULD BE IMPOSED OF RS 5000/= SUBJECT TO THE DISCRETION OF ASSESSING OFFICER. BUT AS FAR AS MY EXPERIENCE IS CONCERNED, CAN YOU IMAGINE!!! THAT, I GOT MORE THAN 125 REFUND ORDERS ( REFUND AMOUNT FROM 5000/= TO 45000/=) i.e, 143(1) intimation orders from CPC BANGALORE,& CPC BANGALORE NOT YET IMPOSED ANY SINGLE PENALTY OF RS 5000/= DURING LAST 6-7 MONTHS FOR A.Y 2011-2012( i.e, irrespective of return submission date after 31/03/2012 for A.Y 2011-2012 ) , BUT CPC BANGALORE TRANSFERRED FEW CASES TO LOCAL JURISDICTION OFFICER FOR VERIFICATION PURPOSE & THEN IN THAT CASE ALSO I GOT REFUND ORDERS FROM LOCAL JURISDICTION OFFICE WITHOUT IMPOSING ANY PENALTY.
SO. GO AHEAD,
Thanking You,
PALASH RAKSHIT.

01 April 2013 You cannot file return for these years unless the AO issues a notice to you requiring you to file return. in such case a penalty would also be likely to be levied.
So depending on the quantum of refund due, you may approach your AO.

01 April 2013 Eventhough we paying penalty we can file it only on or before completion of due date u/s139(4). Under section 139(4) allowed to filing of return of income upto the ending of assessment year and with penalty allowed upto the one year from the date of completion of such assessment years thus for all the assessment years you want to file due date u/s 139(4) with penlaty also expired so you can't file such years return now.
Please under stand the section 139(4). For more and clear details if you want please verify 139(4) section.

OM SAI SRI SAI JAI JAI SAI

23 May 2013 Yes you can file belated returns if there is refund. The ITO will process the return and if it is below 10,000/- the he will issue a refund voucher. If the refund is above 10,000/- then it is to be monitered by CIT and the refund will be allowed to you


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Querist : Anonymous

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Querist : Anonymous (Querist)
23 May 2013 so should i file returns online of above mentioned previous years



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