Dear Sir,
I am a central govt employee for the past 4 yrs. I had failed to file my income tax returns for past 3 yrs .There is TDS by my employers regularly, but owing to ignorance in the subject and laziness Ihad not filed a return yet. Is there any means can file the returns of the past years
You can file belated return u/s 139(4) for the A.Y 14-15
For prior period you will have to file the return manually only
Dear Sreekanth ji,
You can file return electronically for AY. 2014-15 & AY 2013-14, up to 31.03.2015
But, if your Income for the AY 2013-14 exceeds Rs. 2,00,000/- before any deduction under 80C/80G, then you have to pay penalty of Rs. 5,000/- also u/s 271
see nototification for exemption to file return if income does not exceed 5 lacs Rs.
check, do you qualify for the same. It is applicable since 4-5 years.
You can take support of it.
Rs 5000 penalty is only applicable if it is imposed by assessing officer... so don't pay upfront, wait for notice from Assessing officer
Contact a CA and give your details for filing return of previous years. He will help you out.
CAclubindia
