IT Personnel Return

you can file belated  return of A.Y. 10-11 till 31^st march and before this A.Y. you have to penalty of Rs.5000/- u/s271F for filing return…. Current F.Y year return you can be file upto 31^st july….

Originally posted by : Pankaj Arora
	you can file belated  return of A.Y. 10-11 till 31st march and before this A.Y. you have to penalty of Rs.5000/- u/s271F for filing return…. Current F.Y year return you can be file upto 31st july….

i agree with him

Time limit for filing the IT Return is upto one year from the end of the relevant Assessment Year. You can file the Return for the Two Previous year at a time. If the Income for the Previous year where Return was not filed within Due Date is below Taxable Limit there won’t be any interest or penalty.

That means you can file Return for A.Y  2009-2010, upto 31.03.2011, without any interest or penalty provided your income is below taxable limit for that year.

I agree with Sunil

Agreed with Mr Sunil Ahir......

Pl guide me how I can file my ITR on line. I have already paid the Income Tax for the current financial year.

u can file return for a/y 2009-10 till 31st march 2011

Another variation to the original query is (1) Whether it is compulsory to continue to file the return even if the income falls below taxable level, (2) Whether the return can again be filed when the income level attracts tax, (3) Any penalty for the years when return was not filed because the income was below taxable level, (4) Treatment of the situation for (a) person is in business, (b) person is a salaried guy 

till 31st march you can file return of A.y, 2010-11, you are not allowed to file return of earlier years....