18 June 2011
For F Y 2007-08,A partnership firm got its accounts audited in October-2008 but did not file ITR. It now wishes to claim the refund due for that year. What is the procedure to be followed & which sections will become applicable?
19 June 2011
The department will not accept the return for the AY 2008-09 as the same is barred by time. You have to apply to CIT for allowing you to file the said return.