return of income

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Gaurav Dasani (Querist)
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29 January 2010 one person had filled his return in 1985 after this he had never filed return now he want to file the return and he want to continue the last return so how to start filing return?

BALASUBRAMANYA B N

BALASUBRAMANYA B N (Expert)
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29 January 2010 He can file 2 years returns,FY 2007-08 AND fy 2008-09

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Gaurav Dasani

Gaurav Dasani (Querist)
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29 January 2010 thanks sir

wat about his opening balances shall he continue with his 1985's balances?

CA Prashant Gupta

CA Prashant Gupta (Expert)
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29 January 2010 Presently he can file belated return for A.Y. 2008-09 and A.Y. 2009-10.
No realtion with 1985 return. As after 8 year no act require last records. So forget about 1985 return and start new but keep that in case you show capital then it can be a proof that you are working and earning from 1985.

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