Refund-time barred return
This query is : Resolved
26 August 2009
Assessee has not filed I tax return for fy 06-07 despite of the fact that it was a tax audit case. Now he is filing return in response to a notice. He has paid self assessment tax after receiving the notice. But after completion of tax audit, it was found that there is no tax liability. Can we get refund in this case?
26 August 2009
In my opinion the normal provisions of the Income Tax Act shall apply even to such a return filed in response to a notice and there is no reason for the IT Officer to deny the refund. i would suggest if you search for some case laws.
26 August 2009
yes, as the return is filed in response to notice issued. But make a note that he needs to pay the penalty for not getting the tax audit report u/s 271.
27 August 2009
Yes Penalty is payable in your case.
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
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Eway bill for machinery reparing
- TDS ON CASH WITHDRAWALS...
- Form 10BD Filling
- Registration as Authorised Representative of minor
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
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
