IT Return for F Y 2007-08

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 June 2011 For F Y 2007-08,A partnership firm got its accounts audited in October-2008 but did not file ITR. It now wishes to claim the refund due for that year. What is the procedure to be followed & which sections will become applicable?

Suresha R

Suresha R (Expert)
Follow

18 June 2011 1.If any tax liability for that year along with interest, penalty has to pay & file the return now.(234A,234B&234c)

2.after file return meet ITO for refund for quick response.

CA KRISHNA KUMAR DARUKA

CA KRISHNA KUMAR DARUKA (Expert)
Follow

19 June 2011 The department will not accept the return for the AY 2008-09 as the same is barred by time. You have to apply to CIT for allowing you to file the said return.