23 March 2015
Dear sir One client have contract business and get deducted Tax(TDS) u/s 194Cof Rs 50000/- in A.Y.2010-11. he had not filed his income tax return. but he filed return in subsequent years. now he got a letter from department to show the reason why he din't file return and claim the refund of TDS. he has been asked to reply online on given format. Ref: Total receipt in AY 2010-11 5000000/- Income If use 44AD 400000/- approx.
In given format they asked : 1.Income not exceed basic exemption limit.? 2.Return under preparation. 3. business closed? 4. Others?
23 March 2015
what was the actual return of non filling the itr for ay 10-11? the gross receipts is rs 50lks for ay 10-11 so its certain it dept will not spare such case.
23 March 2015
Reason is recklessness of client. he filed belated returns for subsequent years also. now please suggest what appropriate action should be taken?
23 March 2015
Actually now due to mistake of client there is not much options available for ay 10-11..better to meet jurisdictional ao and sort out face 2face.
CAclubindia
