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ITR 08-09

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(Querist)
28 April 2010 Plz let me know wheather non taxable return can be filed now for ass year 08-09? if yes whats the penalty imposed?
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CMA Chandan Singh

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CMA Chandan Singh (Expert)
28 April 2010 A penalty of rs 5000 may be imposed under section 271F if pelated return is submitted after the end of the A.Y
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
29 April 2010 agree with expert,
you can not file A.Y. 08-09 Return. you need to filed before 31st March'2010.
but you can file A.Y. 09-10 Return even Its time now for A.Y. 10-11 return filling.

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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
02 May 2010 but my view the non taxable return not compulsary for filing

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