Hi,
Can we file self employed, salaried (if form 16 is available) or company IT for 2007-08, 2008-09 now. Incase if yes advice me the different possibile ways.
Please advice me Very urgent
thanks,
2 Replies
Rachit
(Analyst)
(913 Points)
Replied 05 May 2010
Return of income for FY 2008-09 can be filed now as a belated return for all the classes of assessees.
The last date for filing belated ROI for FY 2007-08 was 31/03/2010. It is now time barred and hence cannot be filed voluntarily.
You will require to file it if you receive a notice u/s. 142(1) from IT
Durga
(Service Provider)
(51 Points)
Replied 06 May 2010
Rachit,
Thanks for your reply.
We are planning to buy a property in June but IT is not filed. Is it possible to pay tax including penality 07-08. Since we need to show source of income.
Recent Topics
- Articleship experience BGV
- Royalties
- Handling of NRO TDS
- Asset Declaration in ITR2
- CGST/SGST Input tax Classification in Tally Prime
- PREFERENCE SHARES - NBFC
- Vivad se vishwas scheme 2024
- List of banks for tax payments available at e-Pay
- Excess itc claimed then intrest applicable even if
- Financing for Properties and Businesses
Related Threads
CAclubindia
