My Query about Non filing of Income Tax return. Some Small Business Persons as no idea about filing of Income Tax return because he is not a Educated. He is illiterate but he is doing small business like Provision Store, Bakery Business etc. In some times like festival or other times he get large transactions above Rs. 75,000/- in Limited Company & the company as deducted TDS @ 1% on 75,000/- in Asst Year 2011-12. This person is not filed income tax return is any problem for non filing of Income Tax Return.
04 November 2016
Department may issue notice for the same Thanks.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
04 November 2016
My another query regarding Income Tax Return. In case Notice Issued by Department for the AY 2012-13 in the year 2013-14 but in that period the e-filing due date is completed but TDS Rs. 25000/-. In that case this person will file the answer for the notice & TDS Refunbable Rs. 15000/-. My doubt is the IT department is pay the Refund to this person.