Return filling....

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 September 2013 I have filled ITR For A.Y 2010-11 & 2011-12 as per section 139 i.e within due date but i was unable to continue same in a.y 2012-13 Due to some reasons, as the return has become time barred now is it possible to file the same as it is reflecting the income below taxable limit hence nil tax....

moreover is there any problem if i skip the same and file the return for A,y 2013-14....accordingly.. ..

seeking for urgent rply.....

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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02 September 2013 there is no problem to file your return for the A.Y. 2012-2013 after due date but there is some thing which you have to know is if nil return its no problem at all but if its taxable then you have to pay penalty or Rs. 5000/- but in your case you can file your return without hesitation & Penalty.

for A.Y. 2013-14 you can file return now if nil then no worry if taxable even also not to worry you have to pay just simple interest on tax payable, in some case it is also not required.

so go ahead and file your return without wasting your time

best of luck

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