Income tax return 2007-08
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 May 2011
Dear Sir,
My company has not filed income tax return from 2007-08 financial year. Now they want to file return in 2011-12. My question is; can it be filed in current finanical year or not. our next return is also pending (2008-09, 2009-10, 2010-11).also tell me what penalty will be created by IT department. Please suggest me what should i do.
My company has not filed income tax return from 2007-08 financial year. Now they want to file return in 2011-12. My question is; can it be filed in current finanical year or not. our next return is also pending (2008-09, 2009-10, 2010-11).also tell me what penalty will be created by IT department. Please suggest me what should i do.
Aditya Maheshwari
(Expert)
02 May 2011
You can file return for 2009 - 10 & F. Y. 2010 - 11 only and file those returns.
If any time notice comes from department u/s 148 for earlier years file those also.
If any time notice comes from department u/s 148 for earlier years file those also.
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