banner_ad

Filing Of IT Return

This query is : Resolved 

28 June 2009 Dear Sir,

Till last financial year(Upto March 2008) i was working in a bank and used to file the return every year.However i joined my friends business as an employee and not received any salary for the year 2008-2009.Is it compulsory for me to file return,even though i'm not having any salary.Can i skip the filing of return this year.

28 June 2009 Dear

Return is just a record of source of income to be disclosed to deopartment in a particular year. in my veiw if u not got your salary in a year than one can not say that source was not there only receipt was not there. section 15 says salary will be taxable in year in which it becomes due or recd. whichever is earlier.
So should pay your tax (if it is taxable) on due basis as in future u can claim that deduction in the year of receipt.


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details