Due date

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J.M. Raja (Querist)
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03 July 2014 Dear Sir/ Madam,

I want to clear one thing regarding due date of income tax e-filing.

One of Our client(firm) started business last year and has Turnover of Rs.70.00 lakhs for the financial year 2013-14. Due to huge amount of depreciation and Bank interest, It'll be loss in that year.
What will be the due date to file IT return? whether July or Sep?

Sandeep Dharar

Sandeep Dharar (Expert)
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03 July 2014 The due date is 30th of Sept. 2014.

Rupesh Jain

Rupesh Jain (Expert)
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03 July 2014 if you file u/s 44Ad then declare the profit @ 8% of the sales. and due date is 31.7.2014.

if want to file loss return then you have to take audit u/s 44AB and due date will 30.9.2014.

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J.M. Raja

J.M. Raja (Querist)
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04 July 2014 Thank U sir.
Regs
raja