Return u/s 139 (4)

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 February 2013 Dear all,
One of my friend wants to file his return for F.Y. 2010-11 who is having total income of rs. 4,37,000/- (including rs. 4,10,000 as commission and only rs. 27,000/- as salary). rs. 41000/- had been deducted as TDS on commission on 410000/- @10%. Now if he filed his return than threshold limit of 160000/-first has been adjusted from total income of rs. 437000/- and after that he wants to claim deduction u/s 80 c, ccc which is comes to rs. rs. 31584/-, hence refund of more than rs. 15000/- arises to him. now my question is that is there any problem in filling his return now when the last date for itr v fy 2010-11 extended upto feb 2013 and whether he has faced any difficulty in rec. his refund?
Plz Reply, its urgent !
Thanks in advance

CA Kishore Tallam

CA Kishore Tallam (Expert)
Follow

08 February 2013 As per sec 139(4) , time limit to file belated return is one year from the end of relevant AY and no interest is payable on account of delay filing of return since in ur case it is refund due.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Ashif Cheenikkal

Yandamuri yesu raju

Venkateshwaran Ekambaram

Rohit Sachdeva

CA Rahul Patwardhan

Subscribe Now

Return u/s 139 (4)

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA