19 March 2016
sir i have made my HUF Pan card... date of of creation 01/01/2016... can i file income tax return of AY 2014-15 & AY 2015-16??? of above HUF account... will there by any penalty.?? plzz help...
27 March 2016
Dear Since the date of formation is 1.1.16 so the return can not be filed for ay 14-15 & 15-16. As a person can not earn before its birth or existence.