Tax return

This query is : Resolved

Ravindra M Mandale (Querist)
Follow

08 May 2013 I have tds in FY 09-10 & 10-11, but income is below taxable. Can today i file return for tds refund. Whethere there is any penalty or fine. Please suggest.

CA Neha Chauhan

CA Neha Chauhan (Expert)
Follow

08 May 2013 Dear Ravindra you can not file return for the F.Y you have mentioned in your query as the due date for filling the return for the said A.Y releavant to F.Y you have mentioned has been expired

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

08 May 2013 Please file a petition to the Commissioner of Income tax seeking to give direction to the ITO to accept the return and issue refund.

Ref:- Section 119 (2)(b) and circular 8/2001 dated 16/05/2001

Upgrade to CAclubindia Pro. Subscribe Now!