ITR for two years
This query is : Resolved
17 December 2009
Dear Sirs,
Canwe fill two year ITR together . if i want to fill ITR foy PY 2008-09 & PY 2009-10. what is procedure? is there any interest or penality we should pay ?maximum how many years ITR we can fill together
Canwe fill two year ITR together . if i want to fill ITR foy PY 2008-09 & PY 2009-10. what is procedure? is there any interest or penality we should pay ?maximum how many years ITR we can fill together
17 December 2009
Yes, you can file maximum 2 years return i.e. for 2008 & 2009 year ending.
Application of ITR is dependant upon types of income.
If no tax is there; no peanlty is there.
If tax is payable on the income earned and TDS has not been deducted to that extent then you have to pay interest.
Filing of return is not so easy; hire the services of one expert.
Application of ITR is dependant upon types of income.
If no tax is there; no peanlty is there.
If tax is payable on the income earned and TDS has not been deducted to that extent then you have to pay interest.
Filing of return is not so easy; hire the services of one expert.
17 December 2009
Yes you can file max.2 years of IT returns. Its Procedure is not so easy so you have to hire a expert as per mr.Surendra sir.
If your income is above the Limit that given by Govt. then your have to Pay Tax on it along with Interest u/s 234A. on above 2 years if you have to file your IT return then your have to Pay first penalty of Rs.5000/-.
If your income is above the Limit that given by Govt. then your have to Pay Tax on it along with Interest u/s 234A. on above 2 years if you have to file your IT return then your have to Pay first penalty of Rs.5000/-.
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- GST ISSUE OF INPUT AND OUTPUT GST
- Change Of Karta In Case of Death
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
