We have a client who has not filed Income tax return for the AY 2016-17 till today. Further he has to get IT refund also according to the Income Tax calculation for the said AY 2016-17.
Can he file IT return for AY 2016-17 now and is he eligible to get a IT refund.
20 June 2017
Yes you may file your IT return for refund claim but if your total income exceeds maximum amount not chargeable to tax than there will be penalty of Rs.5000/-
20 June 2017
Yes you may file your IT return for refund claim but if your total income exceeds maximum amount not chargeable to tax than there will be penalty of Rs.5000/-
CAclubindia
