Incorrect assessment year -2015-16

" Should I file the same return I filed for AY 2015-16 and give correct assessment year? "

Yes, same data under AY 2016-17, u/s. 139(4); before end of  March, 2018......

Just to clarify- Is it Revised 139(5) or u/s 139(9)?

12- after the due date under section 139(4)

Originally posted by : Dhirajlal Rambhia
	12- after the due date under section 139(4)

HELLO SIR , 

ONE , TAXPAYER , WHO NEVER FILED INCOME TAX RETURN  WANT TO FILE ITR FOR TDS REFUNDS AS INCOME BELOW RS 2.5 L  HE WANTS TO FILE FOR A/Y 2014-15, 2015-16, 2016-17 AND 2017-18 

WHETHER CAN HE FILE FOR ALL A/Ys ??

THERE IS ANY PENALTY FOR ABOVE AND CONSEQUENCES ??

 

Yes, first two AY ITR u/s. 119(2b) after applying for condonation of delay in filing ITR......

Second two AY ITR u/s. 139(4)...... before end of this month.......

No penalty charged till date particualrly when income BEL.

THANK U SIR !!

THERE IS NO PENALY OF RS 5,000 FOR A/Y 2014-15 & 2015-16 ?

AND IN THE SAID A/YS , THERE IS ALSO REFUND SO THERE IS NO NEGATIVE CONSEQUENCES ??

The income of assessee being below exemption limit in all these years, it was not mandatory to file return, hence no question of penalty!! 

Originally posted by : Dhirajlal Rambhia
	The income of assessee being below exemption limit in all these years, it was not mandatory to file return, hence no question of penalty!!

SIR 

IT IS MANDATORY TO FILE RETURN TO GET  TDS REFUND AS DEDUCTED BY BANK ON FDs

"IT IS MANDATORY TO FILE RETURN TO GET  TDS REFUND AS DEDUCTED BY BANK ON FDs?

YES

thank u very much 

Most Welcome ......