INCOME TAX RETURN FILE ?

Tax queries 734 views 4 replies

 

 

DEAR SIR,  OUR CLIENT 01/04/2007 TO 31.3.11 (4 YEARS NOT FILING INCOME TAX RETURNS.???????

 

 

MY QUESTION : HOW TO HANDLE .......... INCOME TAX DEPARTMENT 4 YEARS INCOME TAX RETURN ACCEPTED OR NOT PLS.. URGENT 


Note : 4 years nil balance
Replies (4)

status of the client plz ( individual/ huf/ firm/company)

if individual / huf and no taxable income in last 4 years then he can submit a letter regarding non taxabllity in previous year and submit current year return.

An application for condonation of delay in filing the return for the A. Y. 2008-09 & 2009-10 will have to be made to the respective Commissioner of Income Tax.  The  application should contain some acceptable reasons for not filing the return in time.

Seperate applications will be required to be made for both the years justifying the delay in filing the return.

For A. Y. 2010-11 a belated return can be filed upto 31/03/2012.

& for A. Y. 2011-12 a regular return can be very easily filed within the time limit.

One more thing:

this process will be applicable to Individuals

thanks dears


CCI Pro

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