returned file u/s ?

I think u will not be able to file the return for the A.Y. 2007-08 as the due date for the filing of return for the A.Y. 2007-08 is already over( 1 year from the end of A.Y. i.e. 31.03.2009)

& if at all u can file the same - it will be invalid return

Dear Sir,

Agree with friend Sunil in the absence of notice retrun for A/Y 2007-08 cannot be filed BEYOND 31.03.2009

Agree with above......

Return for A.Y. 2007-08 should have been filed on or before 31.03.2009....i.e. One year from the end of Relevant A.Y...

You cannot file the Return now.........

Agree will all the above views, but have a Second opinion.

File the said Return manually. If the IT department refuses to accept the same, tell them to simply acknowledge the return as a case of correspondence. Also annex a letter giving ITO some reasonable reasons as to why the return is delayed. But remember one thing all the taxes for the said A.Y should be completely paid along with interests.

Now what will happen is that the return shall be treated as invalid.

But in case of inquiry or otherwise the A.O will not be able to frame the charges of concealment of Income.

Thanks a lot for your opinions , I forgot to mention that income is below taxable limit, So if do not file as you all said it will be treated as invalid, will there be any penalty

Regards

Divyesh

even i have a similar query on dis matter.

 if i cannot file the return for Ay 07-08 as u al said it would b treated "invalid" so now when i file return for the current yr wont it create a mismatch ad previous yr's return is pending???

Pls guide

If income is below the taxable limit, then there will be no penalty.

Also, you can file return for the next year w/o hesitation. The only thing if in case you receive a notice for not filing return for AY 2007-2008, you simple have to prove that the return is below the taxable limit and thus there arose no liability of filing return.

thank u