Belated return filed after its due date.


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 April 2014 I filed belated return for the A/Y 2010-11 & 2011-12 on 31/03/2014.As Belated Return can be filed at any time before the expiry of 1 year from the end of the relevant assessment year, which was in my case 31/03/2012 & 31/03/2013.
Now my question is that :
Is this return filing valid?
If it is valid, then under which section I will be assessed?
What could be other consequences?

TKKKKKK (Expert)
26 April 2014 No, return is not valid. It will be not accepted.

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 April 2014 Thank You, Tarannum for the reply,but ITR has been filed and I am having the acknowledgement of the same.

TKKKKKK (Expert)
28 April 2014 It will not be accepted.

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 April 2014 It has been accepted, that is why i am having the acknowledgement of ITR.


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