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2015

HowmanypreviousyearsIncomeTaxreturnscanbefiledafterdue
date?Letsremoveconfusion
ArticleID66076|PostedInIncomeTax|Articles,Featured|76Comments

CAUmeshSharma
Arjuna (Fictional Character): Krishna, just a few days
are left for the end of financial year 201415. Some
lethargictaxpayersareinhurryforfilingtheirIncometax
return for Financial Year 201213 and 201314, but the
due date of filing the return is July or September. How
manypreviousyearsIncomeTaxreturnscanbefiled?
Krishna(FictionalCharacter):Arjuna,fortheFinancial
Year201314theduedateforfilingforasalariedperson
orothertaxpayersis31stJuly2014andforanycompany
and other tax payers is 30th September 2014 and for
transferpricingapplicableassesseitis30thNovember.However,therearecertainprovisionsunderIncomeTax
Act, applicable for tax payers for filing their return after the due date. But please note that they come with
restrictions.

Arjuna:Krishna,ifthetaxpayerhasnotfiledthereturnbeforetheduedatethenhowshouldthetaxpayerfile
thereturnlater?
Krishna:Arjuna,ifthereturnisnotfiledaspersection139(1)ofTheIncomeActthenthetaxpayercanfile
thereturnwithin1yearfromtheendofassessmentyear.Fore.g.returnforFinancialYear201213canbefiled
till31stMarch2015andfortheFinancialYear201314returncanbefiledupto31stMarch2016.Butplease
note that, the return filed after the due date i.e. 31st July or 30th September is considered as Late Return of
section139(4).
Arjuna:Krishna,ifthetaxpayerwantstofilethereturnofprecedingtopreviousyearsthenwhat?
Krishna: Arjuna, as per income tax act return of the preceding years e.g. for F.Y. 201112 filed now, is
generally called time bared. Further many tax payers manually submit the preceding 2 or 3 previous years
return to complete their remaining responsibilities. However, whether to consider these returns or not is the
discretionofthedepartment.Incometaxdepartmentmaydecidewhetherapenaltyistobeimposedornotfor
suchtypeofreturn.Sotaxpayershouldavoidfilingalatereturn.
Arjuna:Krishna,whatwouldhappenifthetaxpayerhasnotfiledthereturn?
Krishna:Arjuna,itistheresponsibilityofthetaxpayertofilethereturn.Ifthetaxpayerreceivesthenoticeof
enquiryundersection142(1)ornoticeofEscapingincomeundersection148thentaxpayermayfilethereturn
beforethedateasmentionedinnoticeorbeforecompletionofAssessment.Thismeansthedepartmentgives
onemorechancebutpenaltycanbeleviedbythedepartmentinsuchconditions.
Arjuna: Krishna, what can be the consequences if the tax payer has filed the return after due date i.e Late
return?
Krishna: Arjuna, for maintaining discipline and for planning, the department decides a certain due date for
filingthereturn.Ifthisisnotfollowedthenthetaxpayerhastobeartheconsequences.Thefollowingcanbe
theconsequencesforfilinglatereturn:
1. Iflatereturnisfiledthenitcannotberevised
2. Iflossisshowninthereturnthenitcannotbecarriedforward
3. PenaltyofRs.5,000canbeimposedifthetaxpayerdoesnotfilethereturnof201314before31stMarch
2015
4. Ifataxliabilityarosetothetaxpayerthenaninterestwillbeimposed
5. Ifthereisrefundtothetaxpayerthenaftertheduedatehewillnotgettheamountofinterest.
Arjuna:Krishna,iftaxpayerhasnotfiledreturnwithinduedatesthenshouldhefilethereturnorwhatisthe
remedy?
Krishna:Arjuna,eventhoughitislatethetaxpayershouldfilethereturn.Alltaxpayerswhohavenotfiled
thereturnfor201213and201314thentheyshouldfilethereturnbefore31stMarch2015.Fore.g.Iftaxpayer
is having tax liability for preceding to 201213 year then the tax payer should pay tax and submit the
Computation of Income, copy of challan along with the application to the department. Its a voluntary
complianceformthetaxpayerhence,lesserinterestandpenaltymaybeleviedotherwisetaxpayerwillhaveto
face the consequences. If there is refund of previous years then taxpayer may make application to the
commissionerforclaimingrefund.
Arjuna:Krishna,whatshouldthetaxpayerlearnfromthis?
Krishna:Arjuna,Taxpayershouldfilethereturnbeforeduedatebecauseduetocomputerizationitiseasyto
findthedefaulter.Furtherifthereareentriesinform26ASofTDSandifthereturnisnotfiledthenitcanbe
problematic for the tax payer. Further if return is not filed within the due date then banks may not consider
returnforLoanpurpose,etc.Pleasenotethat,whiledrivingavehicleontherouteoflaws,returnshouldbefiled
beforeduedate,asthereisnoUturnandinfutureTollneedstobepaidi.e.penaltywouldbeimposed.

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76responsestoHowmanypreviousyearsIncomeTaxreturnscanbefiledafterdue
date?Letsremoveconfusion
1. ARJUNsays:
09/03/2015at11:25AM
ITR42014WHICHHASFILLEDAFTERDUECANSUCHRETURNCANBEREVISEDNOW.
ITR42014FILLED02/09/2015CANBEREVISEDNOW
2. devendrakumarmisrasays:
08/31/2015at7:51PM
dearsir
iwanttosubmitthe2013and2014yearsitr.kindlysuggestmeinwhichsectionicandothesame.
3. Kamalsays:
08/30/2015at5:35PM
IhavefiledtaxreturnviataxspannerforFY1314.TaxSpannerhadfiledthewrongreturn,CanIrfile
returnforFY1314orcanIsueTaxspannerforfilingincorrectreturn.
4. shivajigaikwadsays:
08/30/2015at5:00PM
Hellosir.
IdidnotfileitrfortheFY1112,1213.1314canIfilethismanuallypaperreturnsnow.only3to4
thousandsTDSdeductedinabovementionedyear.
5. Awanishsays:
08/28/2015at4:57PM
DearSir
Iwanttosubmittaxagainstassessmentyear201213and201314.Isthereanymeansforsubmititand

getrefund?
BestRegard
Dr.AwanishKumar
AssistantProfessor
DepartmentofBiotechnology(RoomNo.F55)
NationalInstituteofTechnology(NIT)
GERoad,Raipur492010(Chhattisgarh),INDIA
6. Soumitrasays:
08/25/2015at11:45AM
IhavesubmittedtheITRforAY201314,ThisyearIrealizedthatIhadtopayforSTCGonthatreturn,
ShouldIincludeitinthisAY201415orrevisedreturntobesubmittedforAY201314.
7. DEEPAKPUJARIsays:
08/24/2015at3:48PM
SIR,
IFILLEDMYINCOMETAXRETURNFORTHEAY201213AREFILLINGINAY201617.
THANKS
DEEPAKPUJARI
8. Sureshsays:
08/24/2015at3:09PM
IhavenotsubmittedITreturnforAY20102011,201112,201213,and20132014.Iunderstandfrom
yourguidethatIcansubmitpastyearsITreturn.Howeverjustwantedtoknow1)canIsubmitabove
mentionedassessmentyearsreturnbefore31stAugust?2)whetherthereisanypenaltyifIsubmitreturn
fortheabovementionedassessmentyears?MyincomeisfromBussinesonly.Ihavereceiveda
complianceforminincometaxportalaskingthatReturnNotreceived.Whatshouldbemynextstep?
Pleasehelp
9. sreekanthsays:
08/24/2015at1:52PM
IwannadomytaxreturnsfortheASSesmentYear2009t02010&20102011.
Itispossibledothefilingnow.
Thanks
Sreekanth
10. RiteshKumarsays:
08/24/2015at1:01PM
IhavenotsubmittedITreturnforAY20132014.IunderstandfromyourguidethatIcansubmitpast
yearsITreturn.Howeverjustwantedtoknow1)canIsubmitabovementionedassessmentyearsreturn
before31stAugust?2)whetherthereisanypenaltyifIsubmitreturnfortheabovementionedassessment
years?Myincomeisfromsalaryonly.Ihavereceivedacomplianceforminincometaxportalasking
thatReturnNotreceived.Whatshouldbemynextstep?Pleasehelp
11. NIshitaDoshisays:
08/22/2015at6:05PM
Iwanttofileareturnforthefirsttimeina.Y.201516fortheclaimofTDS.Myincomeisbelowtaxable
limit.isitnecessaryformetofilelastyearsreturnaswellforthispurpose?

12. KaushikBanerjeesays:
08/20/2015at7:25AM
sir,canIsubmitthefileofAY201314againthroughonlineforgettingtheadjustmentofTaxwithTDS?
13. KaushikBanerjeesays:
08/20/2015at7:15AM
sir,myITRfortheAY201314wassubmittedmanuallybyalocaltaxconsultantattheI.T.office,
KolkataandIpaidtax.IreceivedITRVwithstamped,butnow,whenIcheckmyonlineaccount,in
TracepageIfoundthatthereissomeTDS,ButinmyfileItwasnotmentionedforadjustmentorrefund.
couldIdemandforthisrefundnow?ifpossiblewhatistheway,ifyoukindlysuggestme.thankyou.
14. Tuhinsays:
08/17/2015at5:26AM
IhavenotsubmittedITreturnforAY20142015and20132014.IunderstandfromyourguidethatIcan
submitpastyearsITreturn.Howeverjustwantedtoknow1)canIsubmitabovementionedassessment
yearsreturnbefore31stAugust?2)whetherthereisanypenaltyifIsubmitreturnfortheabove
mentionedassessmentyears?Myincomeisfromsalaryonly.Ihavereceivedacomplianceformin
incometaxportalaskingthatReturnNotreceived.Whatshouldbemynextstep?Pleasehelp
15. MOHD.IMTYAJsays:
08/14/2015at7:21PM
Dearsir
iwasnotfiledthereturnofITRforAssesmentyear20122013(f.y1112)ITR4s.caniFiletheITRin
2015pleasesuggesd
16. PRADEEPsays:
08/06/2015at8:13PM
canaitrbefiledfor6yearsatatime
17. sreenivassays:
08/02/2015at9:49PM
Dearsir,
fortheyear20092010mycompanyhasdeductedTDS.Duetononavailabilityofpancardcompanyhas
deducted20%(icameunder10%slab).Buttheyhavenotfiled.
Isthereanyprovisionistheretofilethetax.Pleaseletmeknow.
Thanks&Regards
Sreenivas
18. PRADEEPHISARIYAsays:
08/02/2015at12:13PM
OneofmyclientreceivednoticefromdeptfornonfilingofItaxreturninJuly2015fortheFinancial
year201213.Nowhewantstofilereturn.Heisanbankemployeeandtdshasalreadybeendeducted.
Ihavemadecompliancethroughonlinefilingthatreturnispreparing.Dept.hasnotsentany
communication/noticefurther.
Myquestionisunderwhichsection,weshouldfilereturnbeforereceivinganynoticefromdept.
19. ambicasays:
07/31/2015at8:06PM

RespectedSir,
Iwanttofileprevious3yearsreturnsastherewastdsdeductedandwewanttoclaimthetdssowhatis
theprocesstofileforthreeyears.
20. sudhirsinghsays:
07/27/2015at3:23PM
howtopossible201213submitincometaxin2015.
21. Mehulkumarsays:
07/26/2015at7:52AM
Sir,
Withduerespectiwanttosaythat,Isitpossibleformetofileareturnforfinncialyear201213?????
Doreplyme
22. Pankajsays:
07/23/2015at9:27AM
Hi,
IefiledITR1forAY201314on31/07/2013only,buttheformwassubmittedwiththeduetaxamount
around3,000.Afterthen,IneitherdidanycorrectionnorIsentsignedhardcopytoCPC.
IreceivedFinalremindercommunication:NonReceiptofITRVnotificationforAY201314from
CPCinFeb,2015throughemail,butunfortunatelyIcouldntfilereturnwithinthetimelimits.Yesterday,
ItriedtoefileITRusing139(4),andsoIpaidremainingpayabletaxamountRs.4,250(including
interest).Afterformcompletion,IclickedsubmitbuttonandgettingTheenddateforfilingthisITRis
over.message.AfterthefinalremindertillnowIdidntgetanyfurthernotificationfromCPC.
CanIsendmyITRform(whichshowssometaxamounttopay)toCPCnow?However,Ididepayment
oftheduetax+interestyesterday,butnowIcannoteditITRtomentionchallandetails.
Thanks
23. Sharadsays:
07/22/2015at10:18AM
HelloSir,
ImissedfillingofITRforAY201415(i.eFY201314).
PleaseadviceashowcanIfileitnow?wouldtherebeanypenaltypayablebyme?
WhathappenstomyrefundwhichwouldbedueforthisAY.
Pleaseadvice.
24. RinkuPrasadsays:
07/18/2015at8:11PM
Sir,
Iwanttoknowthatifagovt.salariedemployeepaidhistaxasperITruleandtherehasnotinganydues
buthecouldnotfilehisITreturn.Knowhewanttofileyourreturnso,pleasesendyourvaluable
feedbackregardingthismatter(Latefillingifanyorhowmanypreviousyearreturncanhefile?
25. RajeshKumarsays:
07/16/2015at10:39PM
AllarewelcometothegroupAsanIdeasforWealthinfacebookwhereyoucangetanswersforallthe

abovequeries.
26. BSRAJsays:
07/13/2015at11:54AM
Sir,
IhavefiledITRforAY201213wronglyIhavemistakenAYastheFY.Thatmeansevenwhenmy
incomeinFY201213wasbelowtaxableslab,IhaveenteredfiguresofFY201314inmyITRforAY
201314(ieFY201213)andbecauseofthatIamliabletopaysomeamountastax.NowwhenIfound
thiserror,Iwastryingtorevisethisreturnfile.Butthesystemsaysitisnotpossiblesincelastdatefor
thatAYisalreadyover.Isthereanyotherwaypossibletosettlethatissue?
BecauseofthiserrorandunsettledITRforAY201213,williteffectnextyearsITRsandrefunds?
Regards,
BSRaj.
27. NavinKumarsays:
07/10/2015at11:11AM
sir
iwanttoknowtheprocedureforclaiminglast6yearsincometaxrefundifihavenotfiledITreturnsfor
thatyears.Applicationtowhomtobemade,inwhatformat,manualorelectronicform,etcdetails.Please
Guide
Thanksandregards
NavinKumar
28. ankurgoelsays:
07/04/2015at5:28PM
DearSir,
1.iwanttoknowthatcanreturnf.y1213berevisedafter31mar15ififilereturninmar15,duetoin
returnwrongaccountno.feedsoplsgivesolution.
2.ifinothaveapanno.bankdeducttdsonFDRinterest.afterthatiapplypanno.canafterallotpancan
deductedtdsbeforemar15berefunded.
29. VECTORsays:
07/01/2015at10:33AM
Hallosir
Iwanttoknowtheprocedureforclaiminglast6yearsincometaxrefundifihavenotfiledITreturnsfor
thatyears.Applicationtowhomtobemade,inwhatformat,manualorelectronicform,etcdetails.Please
Guide
Thankingyou.
30. Ruhisays:
06/30/2015at3:56PM
sir
iwanttoknowtheprocedureforclaiminglast6yearsincometaxrefundifihavenotfiledITreturnsfor
thatyears.Applicationtowhomtobemade,inwhatformat,manualorelectronicform,etcdetails.Please
Guide
Thanknregards
Ruhi
31. neeleshpbsays:
06/28/2015at9:32AM

Iamagovernmentemployee.everyyeartaxwasdeductedbyemployer.Myyearlysavingsisbelow
50000/.Ifailedtosubmititronduedate.Nowon25juneifiledreturnforassesmentyear1415&15
16throughonlineandforyear1314and1213,idownloadedtheexcelformatformandtooktheprint
outafterenteringdate.Nowiforwardedallthr4itralongwithapersonalapplicationtoincometax
departmentbangalore.Isthereanypossibilitytogettherefundofallyears
32. Uttamsays:
06/24/2015at7:28PM
Sir,
Iamanemployeeinaprivateschoolandhavenotfiledincometaxsincethepastsixyears,soalsothe
otherstaffinmyschool.Thesalarywasnotgiventotheemployeesheretimely,sometimethesalarywas
releasedafter45monthsandthedetailsofbreakupofsalarywasnotrevealedtotheemployeesbythe
employer.Now,wereceivednoticefromtheincometaxdepartmenttopaythetaxfortheprecedingsix
years.Uponourapproachtotheemployertohelpusinthismatter,theemployerkeepssilent.Irequest
youtokindlyhelpmetoknow(i)whoshouldbeapproachedforthis(b)howtogetacompletepictureof
thesalarystatementforthepastsixyears(c)canitthetaxbesubmittedmanually(d)CanIasan
individualfilemyincometaxfortheprecedingsixyearsalonewithouttheassistanceofmyemployer(e)
whoshouldcertifymysalarystatement?(f)whatkindofpenaltyisexpectedinthiscase(e)canthe
employernotbeequallyresponsiblefornotdeductingtaxatsourceanddepositingmytaxonline?Since
manyyearshavepassedandwedonothavetheproperrecordofsalarystatement,itbecomeareal
difficultyinevenassessingthetotaltaxduringthisperiod.Pleasehelpmetoovercomethissituation.
33. Praving.says:
06/23/2015at5:43PM
Hi,
Ihavepaidmytaxforlastyearbutsomepartwasduefromemployersideneedtobepaidand
accordinglyIhadtofilemyreturns.IhavepaidmyfulltaxthisyearandImduetofilethesame.My
questions:
1.CanIfilemyreturnsforthisyearwithoutfilingforlastyear?
2.Therewassometaxdueforlastyear,letssayaroundrs15000,amIneedtopayinterestandeven
penalty?
Plssuggest?
34. SarwanKr.Vishwakarmasays:
06/21/2015at2:10AM
Siriwanttofilereturnoffy1213butduedateispassedon31stmarch2015,,,cozfy1213returnshows
mytdsrefundablearoundrs.8,215,iwanttoclaimrefundwhatshouldido,,whetheranywritten
applicationtobegiventocommissionerwillhelpmetosortoutthisproblemorotherprocedureplease
givemesuggestionasap,,,regards
35. Sapnasays:
06/15/2015at1:43PM
SirIwanttopayprevious3yearreturn.canyoutellmehowtopay
36. chamaksays:
06/13/2015at11:14AM
sir
iampunjabgovtemployee.duetopranissuelast4monthssalary(Dectomarch,)offinancialyear2014
15havn,tcomeintomybankaccountandthiswillgetcreditinmonthmay2015.soformeduring
financialyr1415mytotalgrosssalarybecomeslessandforthecomingyearitllbecometoomuch.what
isshoulddonow.lastyearsalaryshouldbecountedinfinancialyear1415soineednotpaymoretaxes.
37. yashpalsays:

06/09/2015at1:08PM
Siriwanttofilereturnoffy1213butduedateispassedon31stmarch2015,,,cozfy1213returnshows
mytdsrefundablearoundrs.3000,,iwanttoclaimrefundwhatshouldido,,whetheranywritten
applicationtobegiventocommissionerwillhelpmetosortoutthisproblemorotherprocedureplease
givemesuggestionasap,,,regards
38. ManjotBajwasays:
06/07/2015at6:54PM
Hisir
Iwanttoknowthatcanimakeanychangeinthetaxreturnwhichihavealreadylodge.Fortaxreturnof
years20092010,20102011,20112012,20122013and20132014pleasesirhelpifyoucan
Regards
ManjotBajwa
39. sandeepsays:
05/26/2015at7:34PM
Sir
duetosomepersonalreasonsiwasnotabletofilereturnsafterassessmentyear20102011.thatwasmy
firstandlastreturntillnowbutnowiwanttofileallmypendingreturns.plsgivemethebestsolution
tosolvethissituationASAP.watingforyourearlyandpositiveresponsewithcompletedetailsof
solution
regards
sandeep
40. Rajsays:
05/15/2015at2:29PM
canifilereturnoffinancialyearended31.03.13today???
41. RAMANsays:
05/15/2015at8:03AM
THANKSFORTHEINFORMATIONSIR.
42. RawalSinghBhatisays:
05/11/2015at6:46PM
mr.Punamranga
PleaserefermysuggestiongiventoMr.Raman,imergeurquerryinthesame
43. RawalSinghBhatisays:
05/11/2015at6:42PM
Ravijain
Youmayfilef.y1314returnupto31mar2016deadlinedate.
Yeshehavetopaypenaltyandinterestifthereissometax.Calulateontaxandtimebasis
44. RawalSinghBhatisays:
05/11/2015at6:37PM
Mr.Srinivas
Normalyucannotfilereturnfora.y1213yourself

HoweverifuhavehighamountofTDS,thenyoumaygotoA.Oandaskhimtoissuenoticeu/s148.
Youmayhavetopenaltyus271maximumrs.5000only.
45. RawalSinghBhatisays:
05/11/2015at6:30PM
MrRaman
YoucanfileyourReturntill31mar2016,forf.y1314.Withoutanypenalty[umayfile2returnata
time]
Thereisnoneedtofileallpreviousreturn.Andalsoyournotrequiredtosubmitp&landb/s,since
salaryclasstaxpayerdonotneedtopreparp&l,b/s
46. jigneshsays:
05/11/2015at4:28PM
sir,ifaassesseehasnotfiledtaxreturnforthef.y200910andhis26asshowingtdsofRs.15000andhis
incomeisbelowthelimitofexemptioncanheclaimrefundforthesame?
procedureforrefundapplication.
47. punamrangasays:
05/08/2015at3:05PM
Dearsir,
Iwasthesalarypersonandiamfilingthereturnfrom1980onwardbutduringthetheyear2002Iwas
disturbedduetoexpiredofmywifeandilefttheserviceandmysalaryincomewasclosedandihavenot
filedthereturnforincometaxfrom20032004againduringtheyear2013Ihavejoinedtheserviceina
jewelleryshowroomandnowmysalaryincomeagainstartedandalsosomeofamountabout4000
deductedastdsbythecompanysoplsadvicemecanifilenowthereturnasduringthealltheyearsi
havenotaxableincomenowmysalaryisgoinginthebankancoountandtdsisbeingdeductedby
employersplsadvicehowicanfilethereturncanifileonlyforcurrentyearsreturnalongwithallthe
balancesheetandprofitandlossaccounttothedepartment.??
plsadvice..
48. RaviJainsays:
05/03/2015at5:24PM
SirinmyfactoryAworkerwhowantgetloanforpurchaseaproperty(House).Sohewillneedtoshow
hislastthreeyearsreturns.andactuallyhefiledreturnforFY1213butduetosomereasonhe
couldntfilereturnforFY1314.Sothereisanypenaltywillbeimposedonhim.Andheshowshis
incomesomeuptothanexemptionlimit.andwhatisthelastdateoffilingreturn(Individuals)forFY13
14.
49. SrinivasNsays:
04/29/2015at5:27PM
Sir,IhavesubmittedITR4throughonlineforAY201314&201415byclaimingrefundonDt:
31.03.2015.DuetotimebarIhavenotfilereturnforAY201213,NowCanIfilereturnthroughonline
andcaniclaimrefund?
50. surendrasays:
04/29/2015at10:42AM
GoodMessage.
51. RAMANsays:
04/28/2015at9:57PM

Hisir.
IamcentralGovt.Employeeandtds/incometaxhasbeendeductedbymydeptofFY201314,butIdid
notfilereturnofthesameyear.CanIfilethereturnofFY201314alongwith201415andshouldIhave
topayanyinterestorpenalty?
52. RawalSinghBhatisays:
04/28/2015at8:55PM
@venkat
Solutiontourquerry:
Itsuponyourwishtofilereturnincometaxactnotmandatetofilereturn
Refundisnoton,whatyouinvest,insteaditwasuponexcesstaxpaidbyyou[bywayofTds/advtax].
Thereforyoucantclaimrefund.
Extraadvice:
Itsbettertofilereturn[althoughnotcompulsary],sothatyourincomerecordremainatgoodlevel[in
caseyouwantbankloanetc][alsoumayhavevariousinterestincome,etc].
Soitisadvisibletofilereturnwithinexemptionlimit
53. RawalSinghBhatisays:
04/28/2015at8:44PM
@vinayak
Youcanfilereturnforf.y1314and1415withoutanylatefee/penalty/interest
Butucannotfilereturnforf.y1213[sincelastdatetofilebelatedreturnwas31.mar.2015]
Alsotakecareifulookingforbankloan,makesuregapbetween2returnisminimum6months.
54. Venkatsays:
04/24/2015at4:24PM
Forlast13yearsIhavebeenfilingITreturns.NowthisyearFY201415Idonthaveincome(Zero
income)asIhavebeenoutofjobfrom1stApr2014to31stMar2015.HoweverIhavedoneinvestments
worth1.15lakhsu/s80CCC,80C,80DduringthisFY201415.Ihave2questions:
a)ShouldIfilereturnsforFY201415?
b)WouldIgetanyrefundifIfilereturnsontheinvestmentsworth1.15lakhs?
55. vinayakchavansays:
04/16/2015at1:02PM
Iamanemployeeinprivatelimitedcompanyforlast3years.ForF.Y.201213,201314&201415my
incomeisnottaxable.Iwantfiledreturnforthese3yearsnow.Willihavetopayanypenaltyorinterest
togovernmentforlatefillingofreturn?
56. RawalSinghBhatisays:
04/06/2015at3:48PM
@Mr.Sataish
YesMrX.canclaimrefund.
Heneedtofileareturnu/s139[4]forA.Y1415[i.e,forf.y1314]
IfhisTaxonIncomeafterconsideringinvestislowerthantheTDSamountthanMr.Xabletogetrefund
57. RawalSinghBhatisays:
04/06/2015at3:16PM

@Mr.Sataish
YesMrX.canclaimrefund.
Heneedtofileareturnu/s139[4]forA.Y1415[i.e,forf.y1314]
IfhisTaxonIncomeafterconsideringinvestislowerthantheTDSamountthanMr.Xshallgetrefund
58. SATISHsays:
04/06/2015at11:35AM
MrxnotfileROIForF.Y201314.HisTDSRs10000forF.Y201314.Heissalariedemployee.No
otherincomeforsuchF.Y.canHeclaimRefundforF.Y.10000?HeinvestRs20000&25000forPPF
&BankFDRespectivelyinF.Y201314.
59. RawalSinghBhatisays:
04/06/2015at8:18AM
@Mr.AshokKumarB
IfYourassementisnotcompletedandyoufileurorginalreturbeforeduedate139[1]thenyoumayfile
revisedreturnu/s139[4]
Ifurassessmentisdoneinanycase:youmayfilerectificationapplicationu/s154[byvirtueofsec
154(2)]
60. RawalSinghBhatisays:
04/06/2015at8:10AM
@Alex
SuggestiongiventorajendrakumarisMutatismutandisappliabletoyouforAY0809
61. RawalSinghBhatisays:
04/06/2015at8:06AM
@Anitha:maximumrs.5000onlypenaltymaybeimposed.Butifyourincomedoesnotexceedthe
specifiedamountinrelventA.ythenpenaltywillnotattract[youhavetocheckyourA.Yandexemption
limitforfilingreturnforsalaryclass]
62. RawalSinghBhatisays:
04/06/2015at7:55AM
@Rajendrakumar:youcantfileyourreturnforFy201112[i.e,AY201213]Today,
HoweverifuhadlargeamountofTDSforthatyear,thanyoumayaskforA.O[assesingofficer]toissue
148notice,andthenumayfilesuchreturn[youmayliabletopaypenaltyofsec271ofrs.5000only,thats
whyisaidifuhadlargeamountoftds]
63. ASHOKKUMARBsays:
04/02/2015at10:25PM
IhavefiledITR1sincelast4yearswithoutconsiderationInterestonHouseLoan.NowIgotthedetails
ofInterestofHouseLoan.CanIfilerevisereturnsforlast4yearsandgettherefundofexcessTDS
deductedbyemployer.
Thanksandregards
64. Alexsays:
04/01/2015at9:54PM
Dearsir,

IhavebeenfilingmyITReturnsregularlyforpast9yearsbutmissedfilingforAY20082009asIwas
outofcountry.
CanIstillfilereturnsforthatyear,pleasesuggest.
TDShasalreadybeendeductedandthereissomerefundamountforthatparticularyear.
Pleaseletmeknowhowtoprocessthereturns.
Thanks,
Alex.
65. Bhushansays:
04/01/2015at4:20PM
Verynicearticleonapopularandrequiredsubjectmatterofdiscussion.ThankyouandKeepitup!
66. CAUmeshSharmasays:
03/30/2015at12:34PM
DearAnita,
IncomeTaxReturnneedtobefiledevenifTDSofsalariedemployeeisdeducted.
Penaltyfornonfilingorlatefilingmaybeimposedbythedepartment.
67. Pawansays:
03/29/2015at11:51PM
VeryUsefulInforamation.
68. PuttarajuSsays:
03/25/2015at2:19PM
Mr.RajinderKumar,
youcanfileyourreturnforpreviousAYonlyifyougetanoticefromthedepartment,whichisalso
subjecttopenaltyandlateinterestcharges
69. SHANKARANarayanasays:
03/24/2015at3:39PM
DearCAUMESHSHARMA
ITISREALLYAGOODINFORMATIONTHANKSSIRVERYKINDOFYOU.
70. AKMansurisays:
03/24/2015at10:48AM
Somethinglacks.What?Idontknow
71. TRChandrasekaransays:
03/24/2015at10:43AM
Illustrative,educativeandinformative
72. PuttarajuSsays:
03/24/2015at10:22AM
Thefollowingcanbetheconsequencesforfilinglatereturn:
4..
5.Ifthereisrefundtothetaxpayerthenaftertheduedatehewillnotgettheamountofinterest.
Isthe5thpointreallytrue?IsthereanySectionaspertheActwhichsaysinterestonrefundwillnotbe
paidforbelatedreturns?

73. Anithasays:
03/24/2015at10:20AM
sir,willpenaltybeimposedincaseofnonfilingofreturnsbyasalariedemployeebuttdshasbeen
deductedandsamehasbeenreflectedinForm26AS?
74. RAJINDERKUMARsays:
03/24/2015at10:12AM
DearSir
Thanksalotsforvaluableinformation
butihaveonequerylastweekitrytofilltheITR1intheFinancialyear201112butasperyourarticlei
filltheITRbutsystemnotacceptedtheITRpleasesuggestandgivebestguidance
Iwillwaityouvaluableresponse
WithThanks&BestRegards
RajenderKumar
+919988738346
75. SBalasubramaniansays:
03/23/2015at9:10PM
Myknowledgeisenhanced.Thanks.
76. AJAYsays:
03/23/2015at7:45PM
ThanksSirforthisinformation

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