Filling of Return

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 August 2010 Sir,
I have one query regarding filing of return. i have not filed return from AY 2007-08 as income was below taxable but in AY 2008-09 i received professional fee and tds is deducted on it as the period for filing AY 2008-09 is lapsed. I calculated the income, tax liability is nil, so how can i claim the refund for that year. Whether there is any way. Thanks in advance

04 August 2010 No you cant. As the last date was 31.03.10.

04 August 2010 Not possible to claim now as the last date to file return was 31st March, 2010.


04 August 2010 F.Y. 07-08 tds refund you are asking today...
you had two year 08-09 & 09-10.

07 August 2010 Belated return may be filed within 1 year from the end of relevant assessment year (effetively within 2 years from the end of financial year). There may be a penalty of Rs 5000 in the case of belated filing after end of the assessment year. Belated Return can not be revised.

In the instant case, assessee has no option to file the return except after receipt of notice from the assessing officer. Then only probably he may file the return.



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