One of my freind received his From 16 now (2007-08), Can he file return Income Tax now? What is the procedure for IT filing indicidual salaried person.
Please suggest with examples,
Nagesh
11 Replies
KARTIK
(service)
(85 Points)
Replied 20 November 2008
Yes, U can file ur IT Return by filling the ITR 1.
CA Pawan Goswami
(CA)
(2928 Points)
Replied 20 November 2008
Yes, he can file return upto 31st March, 2009 in ITR-1
CA Durga Prasad Sigatapu
(CA CS executive programme student)
(151 Points)
Replied 20 November 2008
Yes, u can file return upto 31st March, 2009 in ITR-1
CA Trinath Galla
(student)
(3130 Points)
Replied 01 December 2008
yes he can file the return by the end of 31st march 2009
CA Sunny Sharma
(Service)
(234 Points)
Replied 01 December 2008
Anyone can file the return with one year from the end of A/Y so he can file the return ti 31st march 2010. as per sec .139(4)
CA. Rajeev Aggarwal
(Chartered Accountant)
(3424 Points)
Replied 07 December 2008
yes u can file return up to 31st March 2009
But careful abt two things
If any tax is required to be paid, 1% per month is interest amount to be deposited with the tax amt
U can't file revised return
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