dear experts,
i have been filling of itr-1 from f.y. 2008-2009 to f.y. 2012-13 but from f.y. 2013-14 i couldn't file it and due date od filling return is over for f.y. 2013-14 ...but i want to continue to file..
so is there any way to file ? pls. guide ..
with reference to above mentioned query , i just want to add , all the returns were nil and f.y. 2013-14 will also be nil.
there is no any tax liability..
Nil return filing: belated income tax return can be filed and attracts no interest where no tax liability exists. The taxpayer may file the ITR 1 return for the earlier year despite the due date having passed; all returns are nil and the return for the year in question will also show no tax liability. Because the declared return is a nil return showing no tax liability, no interest is payable under the facts stated. (AI Summary)