can i file income tax return (individual ) for fy 2014-15, 2015-16, 2016-17. if yes
what will be the int & penalty for late filing.
plz suggest.
Menu
Income tax return
Replies (13)
yes you can file individual income tax return for F.Y. 2015-16 & 2016-17 in this f.y. up march 2018 but interest charged under section 234A,234B& 234C
You can file IT Return for FY 15-16 and 16-17.
Interest for late filing applicable only if provisions of Section 234 A are attracted.
Late fee of Rs. 5,000/- leviable under section 271 F for FY 15-16 for belated return filing.
(Penalty is rarely levied though)
no penelty or interest will be there if tax payable is 0......
no penalty or interest if 0 tax
HI,
I have received Communication u/s 143(1)(a) from IT department for
Addition of income appearing in Form 26AS or Form 16A or Form 16 which has not been included in computing the total
income in the return-143(1)(a)(vi)
The form 16 deduction variance of 50K and hence Form 16-Taxable Total Income addition of 50K. As per teh instruction given I logged into ITR site and uner e-proceedings I accepted the income...
Could you please let m know if I still be getting refund or naythiong which I should have not done?
Thanks!!
Now that you have accepted the income as yours, the tax liability will increase and you won't get the refund.
but even after accepting income if any refund is there then it should be refunded to you...
Thanks:) It helps..Just want to understand but the intimation say 50K difference in Form 16-deduction and 50K in Form 16-Taxable Total Income.
But when submitted through ITR portal it say incoe of 1L which is not correct right? The tax liability will be on 50K or 1L?
Same Query Raised by IT Department,
as per e Porcedding Portal TAN No. Require , How It is Possible.???
I accepted as an income so no need to show TAN etc..am I right?TAN is only require if I would have disagreed.
My query is the tax liability will be on 1L or 50K
As per my ITR, I have some refund to get, will they make Deduiction from this refund?
Please help me..I have no clue on this communication
After Accepting it as additional income, have you got any acknowledgement or mail regarding it?
Just acknowldegement Auto mail reply as Confirmation on submission of response to adjustments u/s 143(1)(a)
Recent Topics :
- Paper 6 - IBS
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
Related Topics :
CAclubindia
