29 October 2013
Possible to file A.Y.2012-13,A.Y.2013-14 . . under section 139(4)...... . . however if you are liable to file return u/s 139(1) AO may demand penalty Rs.5000 u/s 271(f)for delayed return for A.Y.2012-13..so decide about this and file your return
29 October 2013
You can not file return for the year F.Y 10-11 as the time is barred..
However, you can approach to AO for the same.
Delayed return be filed after a lapse subject to the discretionary power of the Commissioner of Income Tax under section 119 (2) of the Income Tax Act of 1961. The Commissioner of Income Tax could grant permission condoning the delay of filing the return and allow the refunds arising out of such return, strictly based on the merit of each case.
It may also be noted that if an assessee would like to file his return, without involving any refund – such returns could be filed for the purpose of record and NO RETURN COULD BE FILED INVOLVING REFFUND, without obtaining the permission from the Commissioner of Income Tax for condonation of delay.