Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 16 February 2017
Which Assessment year? Generally penalty not be paid unless ordered by AO. For Interest u/s. 234A, 234B, or 234C applicability refer article: /articles/interest-u-s-234a-234b-and-234c-15276.asp
Anup Koshy
(CA Finalist)
(104 Points)
Replied 16 February 2017
You are not required to pay any interest unless assesing officer ask you to do so.And max penalty he can levy is Rs.5000.But generally it is not levied.
I request you to kindly file a belated return u/s 139(4) and dont worry about it.
manoj
(student)
(5205 Points)
Replied 16 February 2017
plz mention which assessment year you are asking for
Ashwini
(private job)
(175 Points)
Replied 16 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 17 February 2017
Belated return filing for AY 2014-15 not possible now, but if any refund due, can apply manually with condonation letter.
For AY 2015-16, file belated return before March 31, 2017. When nill tax return, no interest payable and even no penalty be charged.
manoj
(student)
(5205 Points)
Replied 17 February 2017
For A.Y. 14-15 i suggest not to file ITR with Condonation Letter
Bcoz A.O. can ignite Secruitny Order
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