Section 153a and 153c

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Dinesh Rathod (Querist)
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05 August 2013 A friend had submitted late filing of returns for AY 2008 and 2009 in Jan this year. Even though the taxes had been submitted by the MNC that he worked for, the filing was done late. When he went to check on the refund status, he was told by the AO that the system is showing a notice under sec 153A and sec 153C which he himself does not know and will check. Can you advise what is this and can he get his refunds even though he has filed the returns late? As per the CA who filed his return, he feels that friend is eligible for refund but no interest on late filing however the AO was of the opinion that this cannot be claimed now. pls advise?

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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06 August 2013 These sections relates to search and seizure. As regards late filing of return and if there is refund there is nothing wrong but if the refund is less than 10 thousand then ITO can do it but if it is more than CIT will process.

There is circular for granting refund for belated returns

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Dinesh Rathod

Dinesh Rathod (Querist)
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06 August 2013 Sir...can you explain more about search and seizure and how that is related in this case? Also refund is more than 10k..does CIT mean local IT office?

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