Filling itr

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Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2014 Dear Sir/Mam.
please let me know that if i Filed ITR of AY 2014-15. Can I file ITR AY 2013-14, After filling ITR of AY 2014-15

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

27 July 2014 Yes you can file ITR for AY 2013-14 after filing ITR for AY 2014-15. No issues.

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2014 One more thing that in FY 2012-13 TDS deducted if I file this time can it be refund .

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

27 July 2014 Yes you can claim refund by filing belated return u/s 139(4) now.

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2014 thank you sir.
Now It has been clear.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

27 July 2014 But since the return is being filed after 31.03.2014 penal provision of Section 271F will apply. Maximum penalty is Rs 5000/-

Section reads as follows--

"271F. If a person who is required to furnish a return of his income, as required under sub-section (1) of section 139 or by the provisos to that sub-section, fails to furnish such return before the end of the relevant assessment year, the Assessing Officer may direct that such person shall pay, by way of penalty, a sum of five thousand rupees."

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2014 Ok sir thanks.
Can I get project report for financing Loan for jewelry shop??

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

27 July 2014 Welcome.

For project report format please search files section of CACLUBINDIA.

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