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Income tax returns for consecutive 3 years

Sumit R Das (Article Assistant) (40 Points)

25 November 2015

Can I file returns of 2015-16,2014-15 & 2013-14 for my client which is a new user to www.incometaxIndia gov.in????

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13 Replies

CA Neha Agrawal (CA) (830 Points)
Replied 25 November 2015

You can file belated retun for AY 14-15 till 31/038/2016. But belated return cannot be revised & loss if any cannot be carried forward.

Time for filing return for AY 13-14 is elapsed. It can be filed if IT dept. sends any notifiaction for non filing of return.

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CA Prateek Garg (CA in Practice) (1447 Points)
Replied 25 November 2015

Last date for belated return for FY 2013-14 is 31.03.2016. For FY 2014-15 it is 31.03.2017

tushar (PAST ARTICLE) (246 Points)
Replied 25 November 2015

U may b asked to pay penalty of rs 5000/-.

yogesh (no) (101 Points)
Replied 25 November 2015

you can't file the return for A.Y. 2013-14 as the last date for filling return for A.Y. 2013-14 is 31-03-2015 but you file the return of your client for A.Y. 2014-15 and A.Y. 2015-16.

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Tushar (ca final) (147 Points)
Replied 26 November 2015

You can also file return of a. Y the 13-14 if it is a case of refund with reference of section 119

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CA Hemang Shah (PRACTICE) (658 Points)
Replied 29 November 2015

Dear sumit. You can file A.Y. 13-14 Return as on day.. Means u can file itr of 3 years consecutively...

CA Goutam Sharma (Chartered Accountant in Practice) (468 Points)
Replied 29 November 2015

Refer: CA Hemang Shah

Under Which Section can he file retuern for AY 2013-14? ( other than case of Refund)

JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)
Replied 29 November 2015

You can file the return u/s 139 (5)

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CA Goutam Sharma (Chartered Accountant in Practice) (468 Points)
Replied 29 November 2015

No, You cannot file so.

Return in pursuance to 139(5) can be filed only if return under 139(1) was filed or in pursuance of any notice under 142(1); and he discover any ommission or mistake and that too within one year from the end of relevant assessment year or before the assessment is completed.