banner_ad

Income tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
01 January 2014 my friend have purchased a land & Building 10 years back, he have been collected as rental income from that building Rs 5 lakh and above in every year, but he had not paid income tax over the year and also not filed, but he have desire to pay for the complete year.

how can do it?
Profile Image

CA Gunjan Shingavi

Profile Image

CA Gunjan Shingavi (Expert)
02 January 2014 DEAR FAKRUDEEN,
AS PER ACT CONCERN, ASSESSING OFFICER AND INCOME TAX DEPT. CAN NOT OPEN ASSESSMENT PREVIOUS TO 6 YEARS. SO IF THE ASSESSEE WISH TO PAY THE TAX FOR THE INCOME HE CAN FILE RETURN FOR MAX 6 YEAR TO INCOME TAX DEPT.
AND IT IS ALSO GOOD FOR THE ASSESSEE IN VIEW OF TAX SAVING.
SO HE CAN FILE RETURN FOR 6 YEAR WITH INTEREST AND CAN GET BENIFIT OF TAX SAVING ON INCOME OF 4 YEARS PREVIOUS TO 6 YEARS.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details