HELLOW TO EVERYBODY,
THE TIME LIMIT OR DUE DATE TO FILE A RETURN U/S.44AD WHICH IS TO BE AUDITED U/S.44AB. KINDLY CLARIFY THE DOUBT. IS IT 30.09.2011 OR UPTO 31.03.2012
THANKS IN ADVANCE.
Chakravarthi K (kchakravarthi2008@gmail.com) (112 Points)
19 September 2011HELLOW TO EVERYBODY,
THE TIME LIMIT OR DUE DATE TO FILE A RETURN U/S.44AD WHICH IS TO BE AUDITED U/S.44AB. KINDLY CLARIFY THE DOUBT. IS IT 30.09.2011 OR UPTO 31.03.2012
THANKS IN ADVANCE.
Arniv Sharda
(CA Final)
(3006 Points)
Replied 19 September 2011
date is 30 sept of the relevant assessment year
cheers
* Krishna *
(CA Student)
(6149 Points)
Replied 19 September 2011
As per Section 139 (1) of Income-tax Act, Due Date to file Return of Income in your case is 30-09-2011.
Prahlad Pachisia
(Proprietor)
(54 Points)
Replied 19 September 2011
If it is audited then the time lim it is 30the september
CA Priyank
(Priyank Sanghavi & Co)
(296 Points)
Replied 20 September 2011
time limit u/s 139(1) is 30th sept. How ever u can file ur return belated also after paying interest u/s 234 a,b,c. But you have to obtain ur audit report before 30th sept otherwise you will be penalized up to Rs 100000.00.
Is it clear?