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Income Tax Return
Forgot for filing income tax return for the AY 2016-17, TDs already deducted by employer for the same AY. Can I file the income tax return for the AY 2016-17 & can I take excess TDs refund from income tax dept.
Replies (3)
Yes, you can file belated return u/s. 139(4) for AY 2016-17 till March, 2018.
exactly
U CAN DO IT
But one thing u should have brought in mind that if your GTI is beyond basic exemption limit the penalty u/s 271F may be initiated.
however in my 20 years practice i did not find that department raised such penalty against anyone.
U CAN DO IT
But one thing u should have brought in mind that if your GTI is beyond basic exemption limit the penalty u/s 271F may be initiated.
however in my 20 years practice i did not find that department raised such penalty against anyone.
Thanks Sir
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