Sravanthi (CA Final ICWA Final & M.B.A) (737 Points)
27 September 2011Hai frnds,
This is Sravanthi. Actually my client file a return for the AY 2010-11 in manual. At present he said to me that AY 2010-11 return was not filed. Now i file a return for both AY 2010-11 & 2011-12 in online. so what are the consequences that return filed twice for AY 2010-11?
Thanks in Advacance
Waiting for the reply.
C.A. Sandeep Wawhal
(CA, PGDFM, BCom)
(1831 Points)
Replied 27 September 2011
You should have acknowledgement of returns which is filed manually. there is penalty of late filing of return of Rs 5000/- if notice issued by I.T. Department.
Please get confirm about why my return was not filed earlier.
IPSA ;)
($)
(611 Points)
Replied 27 September 2011
check in the income tax site whether the Return was filed for the relevant previous year. If yes, u can also get the acknowledgement ( for your reference ).
If not, file the tax returns for both the year.. :)
IPSA ;)
($)
(611 Points)
Replied 27 September 2011
is ur client registered at www.incometaxindiaefiling.gov.in ?
Sravanthi
(CA Final ICWA Final & M.B.A)
(737 Points)
Replied 27 September 2011
yes but he can file the return in manual for AY 2010-11. but I can file it in online.what r d consequences?
Sravanthi
(CA Final ICWA Final & M.B.A)
(737 Points)
Replied 27 September 2011
pls reply fast its very urgent
IPSA ;)
($)
(611 Points)
Replied 27 September 2011
wot r u trying to say ?
was d previous year's return manually filed ?
Sravanthi
(CA Final ICWA Final & M.B.A)
(737 Points)
Replied 27 September 2011
FY 2009-10 return was filed manually. but now i file the return again in online for d same FY 2009-10. what is the treatment.
IPSA ;)
($)
(611 Points)
Replied 27 September 2011
Sravanthi
(CA Final ICWA Final & M.B.A)
(737 Points)
Replied 27 September 2011
thanks frnd but net income mentioned in online return & manual return are same but the schedules are not correct. I mean expenses & Income are not tallied. Is necessary to write a letter to Department?
Naman
(Accountant)
(339 Points)
Replied 27 September 2011
If ITR of AY 2010-11 was previously filled, then contact to relevant ward/circle of Income Tax Department where the ITR was filled. You may get Acknowledgment too.
The second return filled by you will be taken as nil if you do not forward ITR-V.
IPSA ;)
($)
(611 Points)
Replied 27 September 2011
u mean to say that the profit figures are different in both the returns ?
if that is the case, its better to write a letter to the Income Tax Office...
Sravanthi
(CA Final ICWA Final & M.B.A)
(737 Points)
Replied 27 September 2011
sorry Profits mentioned in both the returns are somewhat equal but incomes & expenses are not tallied. main thing is that it is NIL RETURN
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