Return of income

What should be done in the following situation?

- Assessee(Individual) has income above exemption limit.

- He has not filed his return.

- One year from the end of assessment year has completed.

Replies (9)

Since the return is time-barred, you will not be able to file the same.

There is no option left but to wait for notice u/s. 142(1).

Yes... he cannot file his return now since the time expired.... 

He can file his return only when he receive notice from the Assessing Officer to file his return...

he cant file his return of income as time is barred

he is not allowed to file his return........ as one year has elapsed even after assessment year...........

he cant file return now

but if tax liability arise than pay that to avoid any interest or penalty

If u are a new assessee i.e u havent filed any return till date then try n avoid disclosing this income also....if possible to avoid any kind of penalty   etc.

 

or else pay the tax liability to avoid interest  which might even help in reducing the penalty.

Since the return is time barred you cannot file your return

As Return of Income is not filed within time limit u/s 139(4), now it cannot be filed. So the AO may oissue notice u/s 142(1), to file returns or may issue notice u/s 144, for the course of Best Judgement Asssesment.

asessee ye return to bhar nhi sakta

par agli to bharwa lo

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details