payment of self assessment tax

148 views 6 replies

rupesh malkar

accountant

29 Points Joined December 2011

one of my client is there , doing construction business and not paid tax since fy 15-16 till date. can he/she paid tax now after self assessment of of his/her financial data . Please reply . can we paid tax for past two. year now?

Replies (6)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209224 Points Joined July 2016

Payment of tax is open, but now you cannot file ITR.

rupesh malkar

accountant

29 Points Joined December 2011

OK . but if I will tax for last year with intrest u/s 234 then when shall I file return . I have to pay tax for F Y 2015-16, 16-17 and 17-18 . will you please elaborate when shall I file return for this Financial year. Is it possible now or is there any solution.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209224 Points Joined July 2016

I repeat, unless any query from depatment, you cannot file earlier year returns..... (except FY 2017-18)

You can pay taxes for any previous year, so that you can save yourself from any interest liability &/or penalty, that may arise in future.

rupesh malkar

accountant

29 Points Joined December 2011

ok sir, thank you so much guidance.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209224 Points Joined July 2016

My Pleasure.

rupesh malkar

accountant

29 Points Joined December 2011

Dear sir,

1.One of my client is having own car and running travel business by self after taking call according to availability of client or availability of trip and earned monthly income .. he need to file ITR as per available income.. which ITR should be file?

2 . Person having own car and attached to Tours and travel agency , that travel agency giving monthly payment to him and now for loan purpose he need to file ITR ,so in this 2nd situation which ITR should be file.

Please advise on both cases,