Hi
I am salaried employee, and TDS on salary is already deducted and paid to Govt. I missed filing of Income Tax Return for AY 2009-2010. As per calculation I am eligible for refund of around 2000 INR.
I am confused with wordings of Section 139(1) and Section 271 F of Income Tax.
Can anyone please help me as to what is the implication i.e penalty if I file Income Tax return now.
What if I donot file Income Tax return of that year but have filed of AY 2010-1011.
Menu
Missed filing tax return for ay 2009-2010
Replies (2)
now it is not possible to file return of income before it can be filed as per sec 139(4)i.e, belated return that return can be filed upto 1 year from the end of the relevant assessment year.
That is true, what about the answer to other question i.e what is the penalty and what is the implication if I do not at all file IT Return.
Recent Topic
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
- Gold/silver etf. STCG. how to decalre in ITR at s
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
Related Topics
CAclubindia
