Filling itr

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2014 Dear Sir/Mam.
please let me know that if i Filed ITR of AY 2014-15. Can I file ITR AY 2013-14, After filling ITR of AY 2014-15

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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27 July 2014 Yes you can file ITR for AY 2013-14 after filing ITR for AY 2014-15. No issues.

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2014 One more thing that in FY 2012-13 TDS deducted if I file this time can it be refund .

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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27 July 2014 Yes you can claim refund by filing belated return u/s 139(4) now.

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2014 thank you sir.
Now It has been clear.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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27 July 2014 But since the return is being filed after 31.03.2014 penal provision of Section 271F will apply. Maximum penalty is Rs 5000/-

Section reads as follows--

"271F. If a person who is required to furnish a return of his income, as required under sub-section (1) of section 139 or by the provisos to that sub-section, fails to furnish such return before the end of the relevant assessment year, the Assessing Officer may direct that such person shall pay, by way of penalty, a sum of five thousand rupees."

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2014 Ok sir thanks.
Can I get project report for financing Loan for jewelry shop??

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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27 July 2014 Welcome.

For project report format please search files section of CACLUBINDIA.