Belated return - heavy tax liability

Tax queries 410 views 1 replies

 Mr.X is instructed (oral) by  "AO" to pay heavy tax

Fact of Case,

1. Mr. X files ROI  only under HUF  status  from several years

2.AO issued notice U/s 143(2) for the Asst.Year 2008-09

 

I Plan to 

1.File Mr. X Individual Status return  from Asst.Year 2006-07  to 2008-09 in order to create cash sources and transfer       funds from Individual to HUF status ,

 

Now, My questions are 

1. can   his individual returns for the Asst.Years 2006-07 to 2008-09 be filed now, 

2.Can the HUF status returns for the  Asst.Years 2006-07 to 2008-09 be revised now

Replies (1)

u can do e-filling in case of individula but in  case of huf,if u have filled as per secc 139(1) then u can revised the return.


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