belated return

AO get power to make BJA u/s 144 within 21mths from the end of relevant AY after the time limit of retun filing u/s 139(1) or time allowed u/s 142(i) has been expired unless return has been file before BJA.

No benefit of filing the return after the expiry the time limit of sec. 139(4) but u have one time option u/s 273A to disclosed his income to commisioner

If u not file the return u/s 139(1), then penalty has been levied by AO u/s 271(1)(c) and also not eligible to claim refund

hi i want to add something in Mr. Daya's msg

Assessee has to pay interest u/s 234A on tax payable deternined by AO in BJA

penalty u/s 271F can also be imposed

prosecution u/s 276CC can also be intiated if tax evaded exceeds Rs. 3000.

You are also not eligible for refund.

thanks dear daya and mehul