Due date for itr

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

06 July 2013 wat is d last date of filling ITR (Refund) for f.y. 2011-12 ?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

06 July 2013 For FY 2011-12 last date for filling return is 31.3.14

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

06 July 2013 1)if tax audit applicable you need to file before 30th september 2013

2)if tax audit not applicable 31st july is duedate

3)AO may demand Rs.5000 penalty under section 271F if you fail to send return before 31.03.2014

Thanks & regards
Ganesh babu k

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

06 July 2013 Refer sec 1394(4) for belated return it clearly mentions that return can be filed upto 1 year from end of relevant AY ( if assessment is not completed and in this case FY IS 2011-12 SO AY 12-13,

ACCORDINGLY LAST DATE COMES TO 31.3.2014 AND NOT 31.3.2013 AS STATED BY ABOVE EXPERT

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

06 July 2013 Yes..agree with tushar ..

I have mistakenly given reply considering it is for F.Y.2012-13

So..

for F.Y.2011-12, you need to submit return with in 31.03.2013 if you are liable to file return as per 139(1).

Failure may attracts penalty of 5000 which can be demand by AO

Please refer section 271F.

However you may file till 31.03.2014

Thanks & regards
Ganesh babu k

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