Please help me regarding my bellow quarry. I have need your help urgently.
Myself Sambit Kumar Dash, is a self employee and I want to file my ITR for F.Y. 2007-08, unfortunately I could not file my income tax return for f.y 07-08, because I was in abroad, so I want to file the same with ITR 2008-09 also.
I am software professional and working as self from my room. So can you please suggest me, can I file my return for 07-08 & 08-09 now. If yes can I pay some amount as penalty?
Please suggest me, which ITR (form) I can use for this. I mean ITR – 1 or 2 and let me know which type of formalities will fulfill by me, if I will file my return for 2 years.
Here I am writing also, in f.y 2007-08, I did not get any income and in f.y 2008-09, I have earn, but not paid TDS.
I am requesting you again; send me your feedback regarding my above problems. I am waiting for your reply.
12 August 2009
U can file income tax returns for financial years 2007-08 and 2008-09 now. The form required is ITR-4. If u have no income in F.Y 2007-08 return filing is not mandatory.
I am sorry to disturbing you again. I just want to know something more from you. Actually I want to file my return for 07-08 for loan purpose. Because I want some loan from bank, and they must will require the last 3 years ITR file copy.
So I am just asking you, if I will pay some tax for F.Y 2007-08, I think I hv need to pay the TDS with interest amount @1% from April 08 to till date and I am agree to pay the same, will I pay some amount extra as penalty? If yes, then how much?
Please suggest me as soon as possible, so that I can face my problem properly.
I am waiting for your reply, and believe you will help me in this regard,