chetan (accountant) (321 Points)
21 June 2011Dear All
If a individual women having income from Pancard club Ltd as commission since 2008-09 but she has not filed retun yet. TDS deducted by Pan card club is3000 in 08-09,4000 in 09-10 &8000 in 10-11.
Can she file the IT return ONLINE for FY 08-09,09-10 and 10-11. her income source only commission from pan card club. and she will get refund of Tds deducted.
Pls reply.
chetan
(accountant)
(321 Points)
Replied 21 June 2011
Dear Sir
Please reply anybody can i file the return for FY 08-09.
CA Rakesh Garg
(Asst. MGR Taxation)
(510 Points)
Replied 22 June 2011
no, u cant file the return for fy 2008-09. the last date u/s 139(4) was 31.03.2011 as belated return. so tds credit can't be availed but u can file the ruturn for FY 2009-10 upto 31.03.2012. but if the income is above exemption limit, penalty u/s 271F will be levied filing after 31.03.2011
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