return filing

254 views 1 replies
I want to file return of A.Y 13-14
for which I have received notice U/S 142(1) on Nov. 2014.. can I file such return now.. or is there any time limit. pls advice.. TIA
Replies (1)
Usually time limit is mentioned in notice 142(1) for filling of return and you have to file return within period specified in notice. You cannot file such return after such period without AO permission.
As you have not filed ITR in response of notice u/s 142(1), it would be better not to file it now.Otherwise following consequences may have to face.

Best Judgement Assessment u/s 144, or

Penalised under Sec 271(1)(b) i.e. Rs10,000 for each failure, or

Prosecution under Sec 276D which may extend upto 1 year with or without fine.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details