Poonawalla fincorps
Poonawalla fincorps

Refund of tds

This query is : Resolved 

10 June 2014 itr not filled for ay 2011-12 not filled having refund in form 16. can we claim otherwise

10 June 2014 no as its now time barred and now ur return will not be accepted as per sec 139(4).

10 June 2014 Yes ,as said by above expert as time limit to file return expires not possible to file return online,possible by manual
.
By filing u/s 119(2b) after obtaining condonation of delay from CIT
.
.
here is process

PROCEDURE TO FILE BELATED RETURN IN THIS CASE:-

1)File the refund-return before the Assessing Officer, but with a copy of a Condonation Petition addressed to the CIT.

2)The Condonation Petition should explain how the conditions prescribed in the CBDT's public Circular regarding condonation under S 119(2)(b) are satisfied.

3)Generally The delay has to be condoned by the CIT.however it is discretion of CIT ,,but department not bound to accept

4)Therefore prepare an Application (no prescribed Form) in Duplicate, explaining reasons for the delay, and praying for its condonation; send one copy to the CIT, and the other copy shall be attached to the belated return filed before the Assessing Office

.
.Just estimate your costs to your income tax consultant and decide whether to go with this or to leave this refund
.
.

Thanks & regards
Ganesh babu k


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10 June 2014 no chance now................



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