Submn. of it return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 December 2011 One of our staff who got PAN number five years back, but till date he didn't submit IT return- His tax liability is nil-Now he wants to submit IT return for last 3 years for submn. to Bank to get loan.

What is the proceedure for filing PY returns, and which forms we have to use

CA Ashwani Agarwal

CA Ashwani Agarwal (Expert)
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20 December 2011 You can file returns for AY 2010-11 and 2011-12 only. Maximum 2 years return can be filed.
Form depends on the type of income the individual has.

Querist : Anonymous

Querist : Anonymous (Querist)

20 December 2011 Whether E-filing can do for those years

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CA Ashwani Agarwal

CA Ashwani Agarwal (Expert)
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20 December 2011 Yes you can do e filing of both these years. That is not a problem.