What is the last date for filing returns for AY 2010-11?
Thanks!
12 Replies
Rashmi
(CA)
(83 Points)
Replied 04 April 2011
Hi....31st March was the last date for filing returns for AY 09-10 (becoz due date for belated filing of return is one yr from the end of relevant assessment yr or before the completion of assessment whichever is earlier)
So, U still have time to file belated return for AY 2010-11 till 31st March 2012... :-)
Other members.. please let me know if I m wrong... thank you !!
BALASUBRAMANYA B N
(CCI STUDENT....)
(44679 Points)
Replied 04 April 2011
One year you can file 2 PY returns, that means 31st march 2011 was last date for Ay 2009-10 and for AY 2010-11 will be 31st march 2012..
So you have time stil 31st mar 2012 to file your AY 2010-11 return..
Regards
Balu
srikanth
(Accountant)
(611 Points)
Replied 04 April 2011
As per S.139(4) person may furnish the return for any previous year at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier
Asgarali Attarwala
(Advocate)
(49 Points)
Replied 05 April 2011
For f.y. 09-10 a.y. 10-11 we are still filing so you too can.
regards
asgarali
CA Manish Chandak
(Consultancy)
(43 Points)
Replied 06 April 2011
Hi all,
As per Section 139(4) a person may furnish the return for any previous year at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.Therefore,the return for the A.Y.2010-11 may be filled till 31.03.2012.
At the same time Section 271F states that in case the return is not filed within the time allowed under section 139(1) then the assessee is liable for a penalty of Rs.5000/-.
Therefore 2 situation arises:
1) In case your are required to file the return of income under section 139(1),then it will attract a penalty of Rs. 5000/- if return is filed after last date stipulated by the said section i.e. 31.03.2011
2) In case you are not required to file the return under section 139(1) and you want to do so only voluntarily,then section 139(1) is not attracted and consequently Section 271F is also not attracted.
However,in both the cases the return can be filed till 31.03.2012 .In first case it will attract a penalty of Rs.5000/- and in the second case it will not.
Hope this clears the position.
Regards,
ratnesh maheshwari
(Chartered Accountant)
(81 Points)
Replied 21 June 2012
Dear All,
What if I could not file the return for AY2010-11 till 31st march 2012?
Can i File the nil tax return after 31st march 2012 for Ay2010-11?
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