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Income tax refund

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 ROSHNI asked almost 3 years ago

TDS deducted in AY 2010-11 but income tax return not file due to any reason. income is less than 100000/- can person get Refund if he filed ITR today. If same situation for AY 2011-12 what is the solution

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8 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Chirag answered over 2 years ago

Dear, Income Tax return can be filed in a year from the end of AY. So your return for AY 2010-11 must have been filed within 31-3-2012 and for AY 2011.12 must been filed within 31-3-2013. So if any one failed to file returns if they have taxable income they will be imposed penalty. And in case no taxable income no penalty. provision of section 139 of the income tax act 1961, assessee is liable to file the return before the end of the a.y. however he can file income tax return till the end of one year from the date of a.y.after that you are not able to file your income tax return.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

This circular provides for different authorities who can condone the delay based on the amount invoiced. 50 lakhs and more than CBDT only 10 lakhs to 50 lakhs than Chief Commission of income tax or Principal Chief Commissioner of Income tax. less than 10 lacs than Principal Commission of income tax or commissioner of Income Tax.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

A tax payer can make a request to condone the delay in filing of return within six years from the end of the assessment year in respect of which the return is to be filed. This circular provides for different authorities who can condone the delay based on the amount invoiced. 50 lakhs and more than CBDT only 10 lakhs to 50 lakhs than Chief Commission of income tax or Principal Chief Commissioner of Income tax. less than 10 lacs than Principal Commission of income tax or commissioner of Income Tax.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 AZim Hussain Sikder answered over 2 years ago

hello, Mr. Rohit Awasthi Income Tax Return for AY 2010-11 and 2011-12 can not be filed Now, so No question raises for claiming TDS refund. Thank You

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Data?1494421738 samkit kothari answered over 2 years ago

Income Tax return can be filed in a year from the end of AY. So your return for AY 2010-11 must have been filed within 31-3-2012 and for AY 2011.12 must been filed within 31-3-2013. So if any one failed to file returns if they have taxable income they will be imposed penalty. And in case no taxable income no penalty. provision of section 139 of the income tax act 1961, assessee is liable to file the return before the end of the a.y. however he can file income tax return till the end of one year from the date of a.y.after that you are not able to file your income tax return.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 ROSHNI answered almost 3 years ago

hello The CDBT has very recently issued circular no. 09/2015 on 9th June prescribing the procedure to condone the delay for n claiming the income tax refund/carry forward of losses. A tax payer can make a request to condone the delay in filing of return within six years from the end of the assessment year in respect of which the return is to be filed. This circular provides for different authorities who can condone the delay based on the amount invoiced. 50 lakhs and more than CBDT only 10 lakhs to 50 lakhs than Chief Commission of income tax or Principal Chief Commissioner of Income tax. less than 10 lacs than Principal Commission of income tax or commissioner of Income Tax. In order to ensure that your application to condone the delay is accepted, you need to satisfy certain conditions. The income in respect of which the refund is being claimed should not be includible in the income of any other persons. The claim for refund should have arisen due to TDS, of payment of advance tax or self assessment tax. No specific form or format for making such application is prescribed so the application can be made on plain paper stating the facts of the case in detail, which will help the authorised commissioner to take the appropriate decision. Thanks

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Open uri20170510 32134 tcchcu?1494421832 Jitendra Suthar answered almost 3 years ago

Hii friend..... Income Tax return can be filed in a year from the end of AY. So your return for AY 2010-11 must have been filed within 31-3-2012 and for AY 2011.12 must been filed within 31-3-2013. So if any one failed to file returns if they have taxable income they will be imposed penalty. And in case no taxable income no penalty. So as per Income tax notification if any one having refund can six his returns of period of six years. So now you can file return for the same and claim refund if any. Regards,

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CHITRANJAN AGARWAL answered almost 3 years ago

Dear Rohit, As per the normal provision of section 139 of the income tax act 1961, assessee is liable to file the return before the end of the a.y. however he can file income tax return till the end of one year from the date of a.y.after that you are not able to file your income tax return. So in this case you should file income tax return till 31/03/2012 for A.Y. 10-11 and 31/03/2013 for A.Y. 11-12. as per such section you can not file income tax return. However as per the recent notification and circular assessee can file previous six year return for claiming refund. so you should read such notification carefully and after complying such notification you can claim refund. Any other query feel free to contact us Writer CA Chitranjan Agarwal

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