pritpal singh (Student CA Final ) (40 Points)
31 July 2013whether it is possible to file itr for assessment year 2011-12 having a refund amount?
CA. Kunal Lakhotia
(ACA)
(1006 Points)
Replied 31 July 2013
possible, but penalty will be levied of 5000 by AO.
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 31 July 2013
You need to apply to CBDT under section 119 for condonation of delay with proper reasons. How, in such cases, online returns are filed -- it is agrey area. May be through physical mode.
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