thanks balu sir.......
jatin uniyal
(@@@@@@)
(47 Points)
Replied 28 January 2011
Dear,
If my income below from maximum examption limit before any deduction in said a.y., than also i will liable for penalty.
"i know this not mandatory to file return for me because my income not above from maximum exemption limit."
BALASUBRAMANYA B N
(CCI STUDENT....)
(44679 Points)
Replied 28 January 2011
CA Prateek Garg
(CA in Practice)
(1447 Points)
Replied 28 January 2011
Return for F.Y.2007-08 can be filled upto 31.3.2010 only
if it is filled upto 31.3.2009 then Assessee is liable only for interest
if filled between 1.4.2009 to 31.3.2010 then AO can demand penalty also with interest
all the members who said that return can be filled after 31.3.2010 with the permission of AO kindly tell me under which section of the Act AO has the power to grant the permmission to file
APOORV SAXENA
(Chartered Accountant)
(794 Points)
Replied 28 January 2011
CA Bhuvnesh Kumar
(Chartered Accountant)
(69 Points)
Replied 29 January 2011
Mr. Kalash ,
As per Sec 139(4) of Income Tax Act. , Now , you can not file ITR of AY 2008-09 in
anyway other than No. 2 .
Hope u know No. 2 Route.
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 29 January 2011
last date was 31.03.2010.......... which has been gone.......
ITR Return for said year can't be filed now........
Pooja Verma
(Chartered Accountant)
(38 Points)
Replied 29 January 2011
Agreed with what Shweta and Bhuvnesh said..
And the answer to your question which u posed to shweta is that Assessment referred in Sec.139(4) means Assessment U/s 144 i.e Best Judgement Assessment.