if i am not able to fill my itr for a/y 2013-14 on incometaxefilling in section 139(4) can i fill it in section 142(1) of income tax act ???
rahul bhardwaj (article assistant) (99 Points)
02 April 2016if i am not able to fill my itr for a/y 2013-14 on incometaxefilling in section 139(4) can i fill it in section 142(1) of income tax act ???
Vinay somani (CA, CS)
(Assistant Manager-Accounts)
(549 Points)
Replied 02 April 2016
142(1) is different from 139(4).
139(4) is for belated return but u/s 142(1) AO may serve anotice to assessee who has field his return, or if same person not filed his return before the date specified in 139(1) or before the end of relevant A.Y to furnish a return of his income.
So under this Section 142(1) AO send notice to assessee to submit return of necessary accounts & documents etc.
This is a Inquiry related section for the assessment.
So in my view u Should not file return u/s 142(1)
Vinay somani (CA, CS)
(Assistant Manager-Accounts)
(549 Points)
Replied 02 April 2016
142(1) is different from 139(4).
139(4) is for belated return but u/s 142(1) AO may serve anotice to assessee who has field his return, or if same person not filed his return before the date specified in 139(1) or before the end of relevant A.Y to furnish a return of his income.
So under this Section 142(1) AO send notice to assessee to submit return or necessary accounts & documents etc.
This is a Inquiry related section for the assessment.
So in my view u Should not file return u/s 142(1)