19 February 2020
1.RETURN OF AY 2012-13 IS WRONGLY FILED FOR AY 2011-12 AS RESULT OF WHICH RETURN OF AY 2011-12 GOT UNKONWINGLY REVISED FOR WHICH THE DEPARTMENT HAS SENT NOTICE FOR FRESH DEMAND. 2. HOWEVER TAX RELATING TO AY 2012-13 WAS REMITTED ONLINE DURING THAT PERIOD ITSELF AND COPY OF CHALLAN IS THERE. 3.NOW THE RETURN FOR AY 2012-13 REMAINED UNFILED. WHAT IS THE WAY OUT FOR THIS PROBLEM ANYONE KINDLY SUGGEST
25 May 2020
The Income Tax Dept vide Circular No. 9/2015 has allowed taxpayers to file ITR to claim Income Tax Refund or file Loss Return upto 6 years. However, such returns would only be accepted after a Letter for Condonation of Delay is filed with the Income Tax Dept and the same has been duely accepted by the Income Tax Officer.