Returns due dates
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 July 2013
SIR
I WANT SUBMIT MY RETURNS OF LAST 3 YEARS AND CURRENT YEAR
PLZ TELL ME DUE DATES FOR
AY 2010-11
AY 2011-12
AY 2012-13
AY 2013-14
IS THERE ANY PENALTIES FOR LATE RETURNS
I WANT SUBMIT MY RETURNS OF LAST 3 YEARS AND CURRENT YEAR
PLZ TELL ME DUE DATES FOR
AY 2010-11
AY 2011-12
AY 2012-13
AY 2013-14
IS THERE ANY PENALTIES FOR LATE RETURNS
03 July 2013
For AY 2010-11 and AY 2011-12 returns are time barred and can not be filed.
.
For AY 2012-13 and AY 2013-14 returns can be filed .
.
Due date for an Individual is 31-08-2012 for AY 2012-13 and 31-07-2013 for AY 2013-14.
.
For late filing of taxable returns penalty may be levied by the AO.
.
However, if you have no tax liability for the AY 2012-13, you can file the return.
.
For AY 2012-13 and AY 2013-14 returns can be filed .
.
Due date for an Individual is 31-08-2012 for AY 2012-13 and 31-07-2013 for AY 2013-14.
.
For late filing of taxable returns penalty may be levied by the AO.
.
However, if you have no tax liability for the AY 2012-13, you can file the return.
03 July 2013
last date for valid return is one year from the end of relevant assessment year as per income tax act. penalty after end of assessment year COULD BE 5000 depending on A.O.. but after one year not possible to file.
eg
for A.Y. 2011-12
last date without interest 31st july 2011 (if audit 3o sep.)
last date with interest 31st march 12
last date with interest and penalty of Rs 5000 is 31st march 2013.
after that not possible to file.
so you can file only for the A.Y. 2012-13 and 13-14 now
though some people use illegal means to file back date return but that is illegal and punishable.
eg
for A.Y. 2011-12
last date without interest 31st july 2011 (if audit 3o sep.)
last date with interest 31st march 12
last date with interest and penalty of Rs 5000 is 31st march 2013.
after that not possible to file.
so you can file only for the A.Y. 2012-13 and 13-14 now
though some people use illegal means to file back date return but that is illegal and punishable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- Experts need help
- Gift Received from nonblood relative
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
