Non filling of it returns since from last 10years.


This query is : Resolved 

14 December 2012 Dear All,

A person who running a marraige hall since from last 10years, has not been filled any returns from the beginning but he has obtained PAN. Now suppose he desire file so,
A) How many years of IT returns can be filled?
B) what is the procedure to be followed?
C) and in which head this income is to be taxed?

Please guide me...

16 December 2012 maximum of two years can be filed now.
procedure is normal
it will be Business and profession

16 December 2012 IT IS NOT NECESSARY THAT YOU HAVE TO FILE RETURN SINCE YOU HAVE PAN.


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