Income tax return for ay 2010-11
This query is : Resolved
Jay Agarwal
(Querist)
25 March 2014
If any AOP has earned any negative income in AY 2010-11, will he do return file or not??
25 March 2014
how can any1 earn negative income??????????
Nikhil Kaushik
(Expert)
25 March 2014
you cant file for AY 2010-11 suomoto now...so it is immaterial whether you made profit or loss.
If you receive 142(1) or 148 notice, you can file in response to the same...provide details of receipt of income and expenditure made by AOP. if it is loss it is loss...doesnt make any difference as far as filing procedure is concerned
If you receive 142(1) or 148 notice, you can file in response to the same...provide details of receipt of income and expenditure made by AOP. if it is loss it is loss...doesnt make any difference as far as filing procedure is concerned
Jay Agarwal
(Querist)
03 April 2014
if i am not receive any notice u/s 142(1) or 148 then it is compulsory for filling
Nikhil Kaushik
(Expert)
03 April 2014
well in absence of notice, you cant file the return now.
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
- 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
- ITC not to be taken in accounts & GSTR-3B
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
