142(1)

Save Share

This query is : Open

Ratan Sharma (Querist)
Follow

16 June 2009 A.O. issued notice u/s. 142(1) on dt. 15/6/2009 to submit IT return for the A.Y. 2006-07. Also requested to submit copy of returns & Form No. 16 from A.Y. 1996-97 to 2008-09. Is it a valid notice. Is it binding for the Assessee to submit the required documents. Plz keep the querry open.

CA.BHARAT BHUSHAN

CA.BHARAT BHUSHAN (Expert)
Follow

16 June 2009 AO can issue notice u/s 142(1)(i) to the person who has not yet filed his return of income within due date or before the end of relevant AY.Now, if u have already filed the return of AY:2006-2007 then u may reply the AO that we have already filed this return vide ack.no.....dated.....so treat this return filed u/s 142(1).

However, for assesses who have already filed their returns, AO may ask the assessee to produce such accounts OR documents as he may require u/s 142(1)(ii). In your case, if u have already filed ur returns then u must have filed ur Form 16 with your returns except for A.Y.2008-2009. So, u should reply the AO that we have already filed the Form 16 with returns.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now