22 March 2010
I want to file IT Return for the Assessment Year 2007-08. I want to know whether I can file the same electronically or should I file manually?
What is procedure for filing the IT Return for the Assessment Year 2007-08?
22 March 2010
The return for the A.Y 2007-08 is time barred now and cannot be filed voluntarily. The return for A.Y 2007-08 could have been filed only upto 31-03-2009.
The only case now when you can file ITR for A.Y. 2007-08 is if u receive notice u/s 142(1) of Income Tax Act 1961
23 March 2010
as per my knowledge you can file e return or manually both options are available to you, but you liable to pay penalty of Rs. 5000/- u/s 271
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