Please Help: Taxation
Posted Date : 02-Jan-2013 , 03:15:37 pm | Posted By sachien saxena
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 ??
Category : Income Tax | Answers : 2 | Comments : 2 | Hits : 140
Answers
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.
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.
Answer By: CA Satuti Mahajan
yes
Comments
Roopak
02-Jan-2013 , 10:15:17 pmSir, 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
JAGDISH DHAMIJA
11-Jan-2013 , 04:56:00 pmYES, YOU CAN