due dates of filing income tax return under s.139 of I.T ACt

INDIVIDUALS (WITHOUT TAX AUDIT) - 31ST JULY 2011

FIRMS / COMPANIES / INDIVIDUALS WHO ARE PARTNERS IN FIRMS WHICH ARE UNDER TAX AUDIT - 30TH SEPTEMBER.

REGARDS,

DEVENDRA K

Good night Devendra,

But what about for individuals who have missed out filing the retuns for FY 2008-09, 09-10 & 10-11.  Where there is Refund (sizable amount).

Please guide as to whether if we file the same ,  will we loose any penal interest as deduction from the Refund proceeds.

Waiting for members to reply????

Originally posted by : SIVASIVA
	Good night Devendra,   But what about for individuals who have missed out filing the retuns for FY 2008-09, 09-10 & 10-11.  Where there is Refund (sizable amount).   Please guide as to whether if we file the same ,  will we loose any penal interest as deduction from the Refund proceeds.   Waiting for members to reply????

Mere TDS does not mean refund, 

TDS deducted means the person had "taxable transaction above taxable limit as per TDS provisions", however certain TDS can get refunded, but for these the assesee has to file the return within time limit ( not extended time)

please share the source transaction where from the TDS was taken place, 

also have u completed P/L , Balance sheet of the relevent years with tax computation ? 

THE ITR FOR F.Y 08-09 COULD HAVE BEEN FILED UPTO 31/03/2011, BUT NOW THE DUE DATE IS GONE. ALSO THE AO MAY LEVY YOU PENALTY OF RS. 5000 FOR NON-FILING OF RETURN FOR F.Y 08-09, IF YOU FILE IT NOW. YOU CAN FILE THE ITR OF F.Y 09 -10 UPTO 31/03/2012.

REGARDS,

DEVENDRA K