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Genuine reason - For filing income tax returns late

Rahul (Director) (25 Points)

17 September 2011

Hi, Recently I filed ITR for 3 years and I got refund for the 3rd year but not for the first two years. Income tax department told me that "After 2 years, refund will be processed only if there is a genuine reason for late filing". To be totally honest, I filed late because I was lazy. I thought since I have to get back refund I can get it later also. So now what genuine reason can I give to the IT department for late filing? Thanks in advance (and I promise to file my returns on time now onwards). Regards, Rahul

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5 Replies

CA Vipin Garg (Assistant Manager) (83 Points)
Replied 17 September 2011

Please tell me how much refund you are about to receive related to the first two years returns

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 17 September 2011

department belives that the reason should be enough to represent the "unable file return", that would be medical grounds of self or any family member.

ARUN KUMAR (Financial Consultant ) (992 Points)
Replied 17 September 2011

FIRST PLZ TELL ME THE AMOUNT OF REFUND.

Rahul (Director) (25 Points)
Replied 18 September 2011

For year 1, the tax refund claimed is 57,000 (if i can claim interest too, then that would be 10,000 -12,000 more).

For year 2, the tax refund is only 4,000.

If I say medical reasons of self/ family member, can they ask for medical certificates?

Thanks

CA Vipin Garg (Assistant Manager) (83 Points)
Replied 19 September 2011

Yes definitely, they will going to ask for the medical certificate and the medical ground should also be very strong......................................