29 November 2011
One of my party has not filed their return for A.Y. 2011-12 becuase another party has deducted TDS on certain sum of expenses on it. Now that party is depsoiting the TDS and will issue certificate accordingly. Can my party file its return by taking effect of the TDS amount in his computation.
29 November 2011
yes you can file your return upto 31-03-2012 it will be treated as belated return....calculate tax after consider interest u/s 234A....sec 234A is applicable in case,you have taxable income, for late filling of return after due date.
CAclubindia
