non filling of itr
This query is : Resolved
15 October 2014
Dear sir
My name is Ankit. My query is :
I donot file the ITR for A.Y. 2012-13, 2013-14 & 2014-15. I have no tax liability. Can i file ITR for above A.Y. Upto 31.3.2015? Is there any penalty or interest levy?
My name is Ankit. My query is :
I donot file the ITR for A.Y. 2012-13, 2013-14 & 2014-15. I have no tax liability. Can i file ITR for above A.Y. Upto 31.3.2015? Is there any penalty or interest levy?
15 October 2014
You can file ITR of AY 2013-14 and AY 2014-15 now, as there is no tax liability there will be not interest or penalty.
You can not file ITR of AY 2012-13, as the last date for the same was 31.03.2014.
You can not file ITR of AY 2012-13, as the last date for the same was 31.03.2014.
Message likes :
1 times
16 October 2014
ITR for AY 2013-14 & 2014-15 can be filed now without interest and penalty since the tax liability is NIL.
ITR for AY 2012-13 could be filed only upto 31.03.2014 and it can not be filed.
U/s 139(4) of the Income Tax Act 1961, belated return can be filed till one year from the end of relevant assessment year.
ITR for AY 2012-13 could be filed only upto 31.03.2014 and it can not be filed.
U/s 139(4) of the Income Tax Act 1961, belated return can be filed till one year from the end of relevant assessment year.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Doubt in Form AOC 4
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
