26 April 2014
I filed belated return for the A/Y 2010-11 & 2011-12 on 31/03/2014.As Belated Return can be filed at any time before the expiry of 1 year from the end of the relevant assessment year, which was in my case 31/03/2012 & 31/03/2013. Now my question is that : Is this return filing valid? If it is valid, then under which section I will be assessed? What could be other consequences?
CAclubindia
