It return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 August 2014 I have already efiled IT return for financial year 2013-14. Can I now efile IT return for financial year 212-13 ?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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31 August 2014 Yes you can file return for FY 2012-13 by 31/03/2014.
The return will be a belated return

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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31 August 2014 I think Siddhartha Ji want to say upto 31.03.2015. But remember after 31.03.2014 and upto 31.03.2015 maximum penalty of Rs 5000 u/s 271F may be levied.

SANIA

SANIA (Expert)
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31 August 2014 Yes, if you are liable to pay any tax in f.y. 2012-13 and you have not filed your return upto 31.03.2014 then penalty of rs. 5000 will be levied, but in case of refund/no tax liability no penalty will be levied .