Notice for non filing of it return a.y.-2013-14

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 January 2016 one of my client received a income tax notice for non filing of i.t. return A.Y-2013-14. In notice saws that a time deposit of Rs. 100000/- is noticed by I.T. Department in that A.Y. Now my Question is what should do now. The time of Return filing of A.Y.-13-14 has been passed away. Can assessee file a Return A.Y.-13-14 now because 31.03.2015 is ended?. What is the solution of this problem? Please answer any one. If he has taxable income in that A.Y. than can he file Return for A.Y.-2013-14? if yes than what will me mode of filing Return mannual or online? Will it not attract penalty ? And if he has no taxable income in that A.Y. than what should he do?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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22 January 2016 See whether he has earned any taxable income during the year. No need to file return if he has no taxable income.
If he has taxable income pay taxes with interest and file manual return with AO.

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