query

Q-1 if a person doing business as well as job , so in that case person file two  ITR or not ?

Q-2 What is the maximum time limit for claiming refund from income tax department ?

Q-3 What is the full form of ITNS?

 

Replies (9)

Ans 1: Use ITR-4.

Ans 2: You've to file your I.T. Return within time limit.

ITR4 IS GENERAL
I HAVE FILE RETURN WITHIN TIME LIMIT

in the ITR, u have to fill ur Bank A/C no., if u hav any refunds, the same will b credited in ur account within 6 months of filing the return.

Refund should be claimed with in one year from the end of the relevent assessment year

for ex: for 31st March 2009, Max time is upto 31st March 2011

Refund should be claimed with in one year from the end of the relevent assessment year

for ex: for 31st March 2009, Max time is upto 31st March 2011

Originally posted by :Ashish
" Q-1 if a person doing business as well as job , so in that case person file two  ITR or not ?
Q-2 What is the maximum time limit for claiming refund from income tax department ?
Q-3 What is the full form of ITNS?
 
"


 

Ans1     ITR-4

Ans 2   with in the time limit

Ans 3  i think it's  Income Tax National Security

Answer1

Ashish, no one can file 2 ITR's so if you are having income form fifferent sources than you have to file your income tax return in ITR4...you can check itr-4.. you will find both annexures i.e for salary and for business

Answer2. it is simple you have to file your ITR with in the time limit i.e. befor end of the Assessment years

Ans3  it might be Income tax national security...this usually used in code of tax challans

 

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