Income tax return for ay 2010-11

This query is : Resolved 

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??????????

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

03 April 2014 if i am not receive any notice u/s 142(1) or 148 then it is compulsory for filling

03 April 2014 well in absence of notice, you cant file the return now.


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