Sir,
If I submit ITR 4 for the AY 2006-07 (with TDS certificate - refund is there), what will be the penalty.
thanx
4 Replies
Dintakurthi Tirumala
(CA FINAL)
(15994 Points)
Replied 08 March 2010
Sir, i could not understand u r question. i think u would like to file income tax return for the A.Y.2006-07 to get back TDS deduted from u at the time of payment. Is it correct. U didn't get TDS refund now. To get TDS refund u should file u r income tax return with 2 years from the date of financial year ending of which income relats. i.e u should be file the return for the A.Y.2006-07 on or before 31-3-2008 then only u get back the TDS refund.
OM SAI SRI SAI JAI JAI SAI
C.Balaji
(Learner)
(1867 Points)
Replied 08 March 2010
Belated Return should be filed before one year from the end of relevant A.Y.
For A.Y. 2006-07 - the date is 31.03.2008.........
You cannot file ur return now......
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 08 March 2010
No penalty..... as you are not allowed to file ITR for AY 2006-07 now....... the last date was 31/03/2008........
CA.SKR
(CA; CS-Final (One Group); DISA (ICAI); Insolvency Professional)
(442 Points)
Replied 08 March 2010
| Originally posted by : drk reddy | ||
 |
Sir, If I submit ITR 4 for the AY 2006-07 (with TDS certificate - refund is there), what will be the penalty. thanx |
 |
Please provide amount of your Gross Total Income, Net Taxable Income and the TDS amount, to advise you on this matter.
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
