E return

This query is : Resolved

SIVASIVA (Querist)
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09 November 2011 Dear Friends,

i need help.

My Brother, submitted E return for FY 09-10 and FY 08-09. However, failed to send the signed copy to the Bangalore office in time. Hence, the same is rejected.

Now what is the solution. available.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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10 November 2011 Shiva...Shiva.. It is required to be sent.
Logically, the income data and tax amount has reached to the department.

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The worse will be the case, when you were supposed to be receiving any refund for these AYs.
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However, in my view, in spite of the fact, the department says the return is invalid,
it does not return back the tax amount to the assessee.
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It means it receives tax against invalid returns...?????
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Since refund of tax amount has not been granted to any person, who has not sent the ITR-V in time, it means.... the Revenue is going to loose nothing.
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Looking from various angles, it can be argued as a technical mistake and at any stage of proceedings, the assessee may be acquitted on the technical grounds.
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SIVASIVA

SIVASIVA (Querist)
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12 August 2013 thanks sir... thanks for your reply

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