Can i file 3 years return on same day

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 February 2014 Here i have a doubt? A person having taxable income (tax liability) hasn't filed previous 2 years return i.e., from 11-12 &12-13.He filed returns regularly up to A.Y.10-11. Now he is applying for bank loan as per the bank rules they want 3 years returns. can he file 2 years return+ current year return on same date? if he can, how much will be the penalty to be paid?

26 February 2014 you can only file for 2 years ie FY 2011-12 and FY 2012-13. For Fy 2010-11, it cannot be filed now as it is time barred.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 February 2014 can i file those 2 years return on same date or any time gap should be maintained

27 February 2014 yes. you can file on the same day. as far as Income tax department is concerned, they have no issues with such filings.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query