URGENT.....FILING OF LATE RETURN

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I had filed Return for A.y 2004-2005.

After that i had not filed any return.

I want to filed return from now.

So whts the procedure to file this type of return.

Its Urgent.

Replies (14)

Now u can start filing return from A.Y. 2008-09 and A.Y. 2009-10 together and continue filing after subsequent years. You can't file the return prior to A.Y. 2008-09, because timelimit got expired.

It is to be noted that A.Y. 2008-09, last date for filing is 31.03.10.

These return will be called as Belated Returns.

If your income never crossed the limit then you can file the current year returns.. if your return crossed the limit and still not filed then your returns are time barred. only way i can think of is to request the assessment officer to issue an assessment letter and then file all the returns together once the letter comes. IF anyother way then, please share am waiting

accd to me, jitna A.O. kam chedo ge utna accha hai.

Originally posted by : llllVICTORllll
If your income never crossed the limit then you can file the current year returns.. if your return crossed the limit and still not filed then your returns are time barred. only way i can think of is to request the assessment officer to issue an assessment letter and then file all the returns together once the letter comes. IF anyother way then, please share am waiting


But is there any legal proceeding against the Assesse.....???

Income is under Slab.

Whats the procedure to get Assessing officer letter.

 

Originally posted by : Ameet

Now u can start filing return from A.Y. 2008-09 and A.Y. 2009-10 together and continue filing after subsequent years. You can't file the return prior to A.Y. 2008-09, because timelimit got expired.

It is to be noted that A.Y. 2008-09, last date for filing is 31.03.10.

These return will be called as Belated Returns.

What Abt the other previous year return.....????

Hi,

You can get in touch with the IT Officer and can get the matter sorted out.

Or as per the ameet answers you can file the return for AY 2008-09 by 31.3.2010.Please make a note that there are chances for penalty of Rs.5,000/-.

Rachit K Patel

u cn file retun from till now. there is no procedure for that.

regards,

ratan

Notice (and not letter) will be issued by the A. O. under section 148 for filing or return for previous years. If you have not yet filed return till A. Y. 2007 - 08 as the income was less than exemption limit then file ur income tax return as new case for A. Y. 2008 - 09 and submit a copy of PAN card along with copy of return

U cn file return for a.y. 2008-09 upto 31.3.10, provided the income shown is nt exceeds the minimum amt nt chargeable to tax.

in case of previous year, if A.O. issues any notice in this regard, u cn show him that your income ws nt exceeds the minimum amt chargeable to tax during past previous years.

regards,

ratan

Agree with ameet

agree with all...

Belated Return should be filed within one year from the end of relevant A.Y.

For Eg...Return of A.y.08-09 should be filed before 31.03.2010....

i m agree with mr.Ameet

I think you need not worry for not filing the returns for the years till A.Y. 2008-2009. Because there is no point in asking the assessing officer for issuing the notice for the gap period. It will amount to increase complexities. So better file the return for A.Y. 2008-2009, A.Y. 2009-2010 and hence forth file returns regularly.

You can file the return but they can not be processed as the returns till assessments years 2007-2008 will not belated returns thy can be lodged.  How ever for the assessment year 2008-2009 and 2009-2010 will be processed.  If there is tax liability for the assessment 2008-2009 or beyond assessment years you will be liable for panality of Rs.5000/- per year


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