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
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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?
Trending Online Classes
CAclubindia
