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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Number of years as per AS amortisation of Goodwill
- Equity Share Sale and Purchase
- Additional trade name
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Whether output tax is taken credit by purchaser
- Wrong CMPo8 file
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
