Filing of Return of Income/processing of return

No

But file fresh ITR with condonation request u/s. 119(2)(b), provided request approved.

Dear Sir.,

One of the Client not file his ITR for AY 2017-18. But, He want to File his ITR and Tax liability Rs. 285000. No more TDS and Advance Tax...

What can I do now...?

	One of the Client not file his ITR for AY 2017-18. But, He want to File his ITR and Tax liability Rs. 285000. No more TDS and Advance Tax...  What can I do now...?

Rs. 2,85,000/-    Is it tax liability of aggregate income?

Yes Sir...

The amount is his Income Tax Payable amount. Tax + Cess + Interest (234A,B,C) Rs. 284655...

But., He cannot file his ITR for not aware of the Date...

So,

What can I do?

How to I process the case?

Please help this regards...

Here, you can safeguard him by paying self assessment tax for the said amount; So that whenever any query raised, you can file return without any interest or penalty.

As such no possibility of filing ITR, unless any query u/s. 142(1).....

Originally posted by : Dhirajlal Rambhia
	Here, you can safeguard him by paying self assessment tax for the said amount; So that whenever any query raised, you can file return without any interest or penalty. As such no possibility of filing ITR, unless any query u/s. 142(1).....

Thank You for the reply Sir.,

But., What is this process and when this process is possible Sir...

But file fresh ITR with condonation request u/s. 119(2)(b), provided request approved..... As per Above...

" file fresh ITR with condonation request u/s. 119(2)(b), provided request approved..... As per Above..."

That is not possible in this case as there is no refund due or loss claim....... which is necessary condition u/s. 119(2)(b).....

Thank you for detailed reply Sir...

I can only guess that he cannot pass through the scanner of IT ......... due to high value transactions in banks or with other agencies, where such transactions are mandatorily reported under sub-section (1) of section 285BA of the Act.

So, he may get notice for its explanation,  and as such filing of return would be required.

Sir.,

In this situation....

What can I refer to this client...?

Please suggest some of the best options and suggestions...

Thank You....

@ Aditi Jain:: There may arise doubt for such cross transfers, but  it can be solved by proper reasoning and justifications. Generally, assessee is cross examined and sometimes may not get facilitated at lower end. But depends upon case to case..

@ S Elavarasi:::

Actually, the case is to be examined from the angle of troubles that may arise in future, thereby the penalty and mental stress that may have to bear, against the payment of tax without ITR filed.

Depends upon the nature of asseessee....... its past experience in such situations etc....

You may just explain him about the consequences, and let him decide......

Thank You Sir...

I'll discuss the case with the client and refer to Pay the Liability with interest. Then it's solve some future Panalty and Interest...

Am I right Sir in this wayy...?