Itr of previous years

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Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2013 A person didnot file ITR From 2007-08. How to file his ITR now.

@VaibhavJ

@VaibhavJ (Expert)
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02 March 2013 Hi

Return for FY 2007-08, 2008-09 & 2009-10 is become time barred.

As on date, you can file returns for a total of two years. You can file return for financial year '10-11, it will be termed as a 'belated return' and the same can be submitted anytime up to 31 March 2013."

Additionally you can also file return for FY 11-12 before 31 March 2014

Thanks!!

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2013 so what about the other years? how to deposit tax for those years?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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03 March 2013 If you believe in God as you did for the past 5 years, continue to do so for a year or two more.
.
If you are afraid of the fact that sooner or later, you will be caught- prey for an Amnesty
Scheme in the Budget 2014.
.
In a situation of hypertension, you may contact the jurisdictional AO to issue a notice in your "favour" u/S 148, WHICH MAY FACILITATE YOU TO PAY THE DUES WITH INTEREST & PENALTY.
.

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