Income tax return filling

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 September 2012 Dear All,

What are The Consequences If Say F.Y. 2008-09, 2009-10, 2010-11 Returns Not Filled, But Whatever Be Income, 80% From Salary, TDS Was Deducted.
But Return Not Filled.
Now Assessee Want to File Return.
What are The Related Points.

CA Dhiraj Ramchandani

CA Dhiraj Ramchandani (Expert)
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25 September 2012 That person as such cannot file returns of FY 08-09 and 09-10 now..

A return can be filed upto 31st march of the assessment your or maximum upto next assessment year...

And for TDS and late filing penalties, refer to books, they can guide you about interest charged by INCOME TAX department for late filing ITR.

Querist : Anonymous

Querist : Anonymous (Querist)

25 September 2012 Since My NIL Tax is Payable, So Interest Issue Doesnt Arise.
Issue Is That Whether E Return I Can File of Year 2008-09, 2009-10. ?

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CA Dhiraj Ramchandani

CA Dhiraj Ramchandani (Expert)
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25 September 2012 Nope, you cannot file it now..