Return file

This query is : Resolved 

29 October 2013 sir i am return file my income tax ,
i am return upto 3year back
A.Y. 2011-12, 2012-13, and 2013-14

Please suggestion me

29 October 2013 u can file ur return from ay 2012-13 only

29 October 2013 Dear Mohit,

You can file for AY 2012-13 and AY 2013-14.

last date for filing return for AY 2012-13 is 31 March 2014.


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.

31 October 2013 Yes agreed with above all ans.



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