ITR V of old assessment year
On seeing my e filing status of an old Assessment Year, I find that the status is stuck at "Return Uploaded".
Perhaps the ITR-V was not sent, or it was not received by the department.
What is the legal status of this return? Is it considered filed?
Or is the legal status of this assessment year "not filed"?
If the legal status is "not filed", then, the acknowledgement number of this "return uploaded", is it of any use or is it invalid?
Asked 8 years ago in Income Tax
It is ITR-4 of AY 2007-2008, filed 31-10-2007, which is stuck at "return uploaded".
Is it "deemed not filed"? What to do about this?
Asked 8 years ago
By sending ITRV so late I'm attracting attention of this department that is a well known rogue and harassment specialist.
Can they send notice for AY 2007-8 now? It is 8 years old. What if I just leave it as it is?
Asked 8 years ago
Assume that the A.O. gets to know that my ITR-V of AY 2007-8 has reached now.
What is the maximum that the A.O. can do, something that is LEGALLY VALID, in this situation? Penalty? Scrutiny?
If AO asks me to refile the return, I don't have any papers left of AY 2007-2008 which is FY 2006-7.
Am I legally bound to re - file this return if asked? Am I legally bound to maintain financial records pf FY 2006-7. I am not under audit and not in govt job.
If legally bound please provide section and clause.
Thank you.
Asked 8 years ago