I have not file Income tax return yet

Page no : 2

CA Narender Gupta (CA In Practice) (43 Points)
Replied 10 January 2011

i think u should file a return of income in a assessment year 10-11 till 31 st july

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CA. Kunal Lakhotia (ACA) (1006 Points)
Replied 18 January 2011

dnt file....CHILL!!!!!!!!!

H Thakar (article assistant) (243 Points)
Replied 31 May 2011

i have not filed my return for the financial year 09-10. Can i file it now. My source of income is commission below Rs 50000/-. I have to claim refund. Can i claim refund my filing return now? If yes then suggest in which ITR shall i file. the return will be filed by me.

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 31 May 2011

Originally posted by : Prashant
	i have not filed my return for the financial year 09-10. Can i file it now. My source of income is commission below Rs 50000/-. I have to claim refund. Can i claim refund my filing return now? If yes then suggest in which ITR shall i file.

Get in touch with a CA in your local area, with documents in hand, and your pass book,

you have to carry your other income details also, to file the return properly.

He will check the documents and would advise you proper way to file, with his help.

Ashish Sharma (Sr. audit assistant) (30 Points)
Replied 01 June 2011

first of all if income is below basic exemption limit the assessee may not file his return of income,

secondly " jo bit gaye so bat gaye" just file the return for AY 2011-12, our AO are not that generous that they wont charge penalty, if you file your return for AY 2010-11 then be prepared to pay a penalty of Rs.5000. Your account is too small to be taken care off, you have no reason to worry. just file the return for AY 2011-12 by 31/07/2011 for avoiding ineterest and for avoiding penalty by 31/03/2012. now this time dont fail to file the return and pay some TAX.