return filing
This query is : Resolved
05 April 2011
friendz !
i hv taxable Salary income and it's subject to TDS.But i did not file my IT return for preceding previous year,hence i could not claim any TDS refund,if any.But for current P.Y 2010-2011,im gona file my return,so my question is whether im allowed to file my preceding year returns? if yes ! is there any penalty or interest chargable on me? can i get refund for TDS for those years? plz reply sooner! bye
i hv taxable Salary income and it's subject to TDS.But i did not file my IT return for preceding previous year,hence i could not claim any TDS refund,if any.But for current P.Y 2010-2011,im gona file my return,so my question is whether im allowed to file my preceding year returns? if yes ! is there any penalty or interest chargable on me? can i get refund for TDS for those years? plz reply sooner! bye
05 April 2011
You can file returns for FY 09-10 and FY 10-11 only. But for return of FY 09-10 a penalty subject to maximum of Rs 5000 may be imposed. Of course you can claim refunds for these two years only.
05 April 2011
One year you can file 2 FY returns that means, you can file now FY 2009-10 and Fy 2010-11 up to mar 31 2012...
You can get TDS refund too, there is no penalty for that....
You can get TDS refund too, there is no penalty for that....
06 April 2011
Penalty of upto Rs 5000 may be imposed by the department for FY 09-10 towards late filing of return.
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