Please Help: Taxation
Posted Date : 02-Jan-2013 , 03:15:37 pm | Posted By: Sachien Saxena
Category :
Income Tax | Answers :
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Comments :
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i am not file income tax return of last two A.Y. 2011-12 & 2012-13. can i get back my TDS as refund after filling the income tax return or not ?? |
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Answers:
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Answer by: Ravi Sanguri |
TDS is Adjusted against the assessee's taxable Income..and is termed as refund if taxable income is nil..
Return of any P.Y can be filled before the expiry of 1 year from the end of relevent A.Y..
in your case
1. Return of A.Y 2011-12 can be filled upto 31 march 2013
2. Return of A.Y 2012-13 can be filled upto 31 march 2014.
So u can get back your TDS as a refund.
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Answer by: CA Satuti Mahajan |
yes
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Comments |
Posted By : Roopak |
02-Jan-2013, 10:15:17 |
Sir, with the regards to AY 11-12, you can file a return and can claim refund, but there is also a chance of a penalty being initiated on you for non filing.
As regards, AY 12-13 you can file the return till 31st March 13, without any such penalty.
Roopak
Future CA
9953144882 |
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