banner_ad

Need Expert advice

ITR 701 views 2 replies

Hello Sir,


Kindly help me regarding following issues

I am a salaried employee having taxable income Rs.5,50,000

1)For ay 2013-14 i have not filed income tax return and no tax amount is pending . 2 days ago i have received Compliance from income tax department to submit my online response. Do I need to file ITR for AY 2013-14?

2) For ay 2012-13 i have not filed income tax return and still Rs.12000 tax amount is pending. Till now i have not received any notice.


For both the assessment years my taxable income crossed Rs. 5lakhs.


Thank you

Replies (2)
File return since you are compulsorily required to file. Also, no penalty to be paid. Clear tax dues with interest and file return of income. A.Y 13-14 return cannot be filed beyond 31st March 2015. For A.Y 2012-13, consult Ca and clear your dues.

There is one more extra provision. You can check if this provision is appliable to you or not for AY 2012-13. If the following conditions are satisfied, you are not required to file your income tax return.

 

1. You taxable income is not more than INR 5,00,000

2. You have only interest income besides salary income.

3. You have declared your interest income to your employer.

4. Your employer has deducted TDS on your salary and interest income.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details