Income tax return Query.PLZ reply ASAP.

[Caneeedaa]

the general visa checklist says u need to show ITR of last 3 years...Can we pay the last 3 years return now and show them as income proof.Cause parents were not used to pay ITR earlier.

PLzz reply quickly.

 

[Caneeedaa]

Re: Income tax return Query.General Visa CAtegory.

the general visa checklist says u need to show ITR of last 3 years...Can we pay the last 3 years return now and show them as income proof.Cause parents were not used to pay ITR earlier.

PLzz reply quickly.

Reply experts............

 

[momi]

the general visa checklist says u need to show ITR of last 3 years...Can we pay the last 3 years return now and show them as income proof.Cause parents were not used to pay ITR earlier.

PLzz reply quickly.

I think it will be not as simple or even possible to pay 3 years return in one go but do check with tax authorities.......

 

[neeraj1985]

the general visa checklist says u need to show ITR of last 3 years...Can we pay the last 3 years return now and show them as income proof.Cause parents were not used to pay ITR earlier.

PLzz reply quickly.

Hi,

Though I am no expert at the ITR filing but I did speak to my brother who has just given CA Final Part II exams and he told me that yes you can file the returns for the preceding financial years.

However, how long can you go back for filing (which in your case is going to be 200-2010) that's something which involves a lot of hassles. The IT department can actually question why the tax return was not filed on time and may ask for some additional documentation like oath that income being showed for the preceding years is correct and at their discretion investigate the same as well. Besides, there is going to penalty involved in it. Since, the income in these is totally unaccounted for (in simple terms black income/money) I would suggest to contact a chartered accountant.

Now coming back to the ITR and filing and it's just my though don't you think that the High Commission may get a bit doubtful (about the source of funds) if they see in the ITRs that all of them have been filed recently.

I am no expert but I would suggest you to get in touch with a Chartered Accountant because only they can deal with the back-dated fillings.

Best of luck

 

[Caneeedaa]

Hi,

Though I am no expert at the ITR filing but I did speak to my brother who has just given CA Final Part II exams and he told me that yes you can file the returns for the preceding financial years.

However, how long can you go back for filing (which in your case is going to be 200-2010) that's something which involves a lot of hassles. The IT department can actually question why the tax return was not filed on time and may ask for some additional documentation like oath that income being showed for the preceding years is correct and at their discretion investigate the same as well. Besides, there is going to penalty involved in it. Since, the income in these is totally unaccounted for (in simple terms black income/money) I would suggest to contact a chartered accountant.

Now coming back to the ITR and filing and it's just my though don't you think that the High Commission may get a bit doubtful (about the source of funds) if they see in the ITRs that all of them have been filed recently.

I am no expert but I would suggest you to get in touch with a Chartered Accountant because only they can deal with the back-dated fillings.

Best of luck

Thanks for ur reply... But is there any other way to show income proof if Last 3 year ITR are not possible.

 

[nagarjun rao]

hi,
dude under univ category,the checklist says that there is no need of IT returns documents.so if u have an admission from uni,u better go with university category!!

 

[Caneeedaa]

hi,
dude under univ category,the checklist says that there is no need of IT returns documents.so if u have an admission from uni,u better go with university category!!

Can you please provide me the link to university checklist..because the one i am having says that you need to show income tax return of previous 3 years.

 

[AyshaM]

Sponsor ITR is necessary?

 

[Caneeedaa]

Sponsor ITR is necessary?

I think ITR of parents are necessary..cause we need to show there income...and that to 2years old accoding to me....rest experts reply.

 

[HHH]

Can you please provide me the link to university checklist..because the one i am having says that you need to show income tax return of previous 3 years.

http://www.vfs-canada.co.in/pdf/Application_for_Prospective_University_Students_190412.pdf

 

[guri dhillon]

the general visa checklist says u need to show ITR of last 3 years...Can we pay the last 3 years return now and show them as income proof.Cause parents were not used to pay ITR earlier.

PLzz reply quickly.

Hi
you can pay the two years tax without any problem but you will be find for late paying and if you applying under university category tha you have to show only one year ITRs only no need to show three years ..

 

[Caneeedaa]

http://www.vfs-canada.co.in/pdf/Application_for_Prospective_University_Students_190412.pdf

In the general category we also need to show...property evaluation ..even that is not mentioned in this...

 

[HHH]

Hi
you can pay the two years tax without any problem but you will be find for late paying and if you applying under university category tha you have to show only one year ITRs only no need to show three years ..

HI guri.....
glad to see your visa approval.
CONGRATES...............................

 

[HHH]

In the general category we also need to show...property evaluation ..even that is not mentioned in this...

Absolutely NO need of property evaluation under general/university/spp

 

[Caneeedaa]

Absolutely NO need of property evaluation under general/university/spp

but My consultant says you need to show..property evaluation....income proof i.e ITR or J form for agriculture.....funds (that should be near about six month old.)...