Income tax return last date f.y. 2010-11

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Querist : Anonymous

Querist : Anonymous (Querist)

03 December 2011 Hello Experts,

Please tell me what is the last date of filing Income Tax return for the F.Y. 2010-11.

If somebody haven't submitted Income Tax return for the F.Y. 2009-2010. Now, how can he/she can submitted the Income Tax return for refund & what is the lat date of submission of IT return

Thanxs.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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03 December 2011 The date of Filing of Return is 31.07.2011
for the FY 2010-11 IT Return.
.

You have to file the return of FY 2009-10
also and you can claim refund if any.

.
In case where your income of FY 2009-10 is taxable, you may have to pay penalty of Rs 5000/-. However, the department rarely imposes such penalty.

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Querist : Anonymous

Querist : Anonymous (Querist)

03 December 2011 Thanxs for your reply.

We haven't filed return for F.Y. 2009-2010, but now, we received TDS certificate of Rs. 12,0000/- from our Bank for the F.Y. 2009-2010. We have no other income for F.Y. 2009-10 then how can I claim my refund.

Waiting for your reply.

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CA VISHAL RANA,CS,B.Com,AMFI

CA VISHAL RANA,CS,B.Com,AMFI (Expert)
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03 December 2011 yes you can claim refund...you can file return upto 31-03-2012 or before completion of assessment whichever is earlier. penalty u/s 271F of rs. 5000 and interest u/s 234A 1% per month from the due date till filling of return shall be levied....

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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03 December 2011 It is not optional but compulsory for you to file the return as your interest income seems to be around Rs.1200000/.
.
If you require Services of CA, in case not conversant with IT Laws, do not hesitate in doing so.
.
Your dream of getting refund is a nightmare
now and after deciding the correct tax liability be prepared for depositing the tax for FY 2009-10.
.
IT Department may soon issue you a notice in case your return is not filed.

Querist : Anonymous

Querist : Anonymous (Querist)

03 December 2011 Thanks you both,

But I would like to correct that I received TDS Certificate of Rs. 12,000/- (Twelve Thousand Only).