Can a refund return be filed as belatd return or it has to complied with time limits specified u/s 139?
6 Replies
Keval Ponkiya
(CA CS MBA(Fin.) M.Com. L.L.B.)
(223 Points)
Replied 10 January 2012
Satishkumar !!!
Yes !!! it can be filled as belated return !!!
but don't expect to get full amount of refund as you mentioned in the IT return !!!
CA Neil Ganatra
(Partner - Gautam Joshi & Co.)
(871 Points)
Replied 10 January 2012
Yes it can be filed as belated return and you will get the full refund.
Bhanu Prakash Rao
(Think Beyond Stay Ahead...!)
(1064 Points)
Replied 11 January 2012
yes, it can be filed.
amit jain
(Chartered Accountant)
(532 Points)
Replied 11 January 2012
You can file return for the same and you will also get refund with interest
CA. Vikas Maheshwari
(Profession)
(45 Points)
Replied 11 January 2012
There is no provision in income tax regarding this issues. section 139(3) of Income tax prohibits carry forward of losses(other than losses under income from house property) if the return is not file with in time prescribed section 139(1). So a return can be filed for getting refund....
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