Hello Colleagues,
I want to file ITR. I am broker of real estate and as per new rule of RERA in Maharashtra every broker should take license to carry our broker business. For getting license we need to submit ITR for last 3 years. But I have not filed ITR yet since my total income was below threshold limit. My query is :-
1.As per my research work I cannot file ITR for F.Y. 2014 - 15. So is there no any other way?
2. For F.Y. 2015 - 16 I can file return but will late filing fee is attractable? My income is below threshold limit.
3. There is also tds deducted @ 10% in F.Y. 2014 - 15 and 2015 - 16 should I claim refund ? Is it will attract scrutiny chances?
CAclubindia
