TruthVerse News

Reliable news, insightful information, and trusted media from around the world.

education

When to file tax return for 2014-15 financial year?

Writer Emma Jordan

1) For the Financial year 2014-15- Regular return on or before 31st July for Non Audit cases and on or before 30th Sep 2015 for Audit case returns. 2) For the Financial year 2015-16 – Belated return can be filed on or before 31st March 2016. If you have opted for efiling, only these two returns can be filed as of now.

How to find out when the last time I filed taxes was?

Tax Professional: Dave B, Certified Public Accountant (CPA) replied 2 years ago You can find out the last time you filed by doing one of two things: 1. Go to the following website and request a tax transcript for each tax year until a transcript reveals that you filed taxes for that year : 2.

What happens if I haven’t filed a tax return in years?

I haven’t filed a tax return in a long time – maybe four or five years. How bad is that? It depends on your situation. Let’s start with the worst-case scenario. If you owed taxes for the years you haven’t filed, the IRS has not forgotten.

When to file tax return for financial year 2012-13?

For e.g. return for Financial Year 2012-13 can be filed till 31st March 2015 and for the Financial Year 2013-14 return can be filed up to 31st March 2016.

How many years can you not file tax return?

MAXIMUM TWO LATEST ASSESSMENT YEARS ITR CAN BE FILED IF NOT FILED EARLIER. As per Section 139 (4) of the Income-tax Act 1961, where a return is not filed within the due date of filing the return, the same can be filed within a period of 1 year from the end of the Assessment year.

What’s the time limit for a tax refund?

The general rule is that a refund or repayment cannot be claimed more than 4 years after the end of the relevant tax year. For example: if you are claiming a refund for the 2018/19 tax year, you add 4 years to 2019.