Late filling of return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 July 2012 Dear Sir,

I want to file Income Tax Return for the F.Y.2009-2010 under Business and Profession. There is no tax liability and it's nil return.

Can Rs5000/- penalty will be charged by the Assessing Officer?

Regards,
Ritesh Dave

Ca Anand Dubey

Ca Anand Dubey (Expert)
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07 July 2012 you cannot file as time limit expired

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2012 Dear Sir,
Thanks for your reply.
Can we file nil return for F.Y 2010-2011 for Business and Profession?

Penaly of Rs5000/- will be charged?

Regards,
Ritesh