Hi !
I would like to know till which date IT Return for F.Y. 2012-13 can filled. Return was not filled before 31st july 2013.
So, now till which date return for f.y. 2012-13 can filled ? any interest or penalty?
Hemang (Sr. Supervisor) (69 Points)
17 April 2014Hi !
I would like to know till which date IT Return for F.Y. 2012-13 can filled. Return was not filled before 31st july 2013.
So, now till which date return for f.y. 2012-13 can filled ? any interest or penalty?
Ankit
(Student)
(661 Points)
Replied 17 April 2014
CA Gaurav Mittal
(Partner)
(1230 Points)
Replied 17 April 2014
well you can file upto 31st march 2015 by paying penalty of Rs 5000
Vishal Jain
(Practising CS)
(38 Points)
Replied 17 April 2014
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 17 April 2014
it could be filed on or before 31/03/2014 with out penalty but now it can be file on or before 31/03/2015 with the expectation that AO can impose a penalty of Rs. 5000/- u/s 271 F
Ramanuj
(Accountant.)
(834 Points)
Replied 17 April 2014
Agree with above you can file upto 31.3.2015. but may be levy on penalty. its depend on Ao.
sumit jain
(Ca Final Student and Article)
(71 Points)
Replied 17 April 2014
C.A Basant Raj kabra
(no)
(59 Points)
Replied 17 April 2014
MOHIT SHARMA
(Article Assistant)
(40 Points)
Replied 17 April 2014
You can file return till 31st March 2015 without any penalty if your GTI is below basic exemption limit i.e. Rs. 2,00,000/- and even if your GTI is above basic limit, you can file your return but penalty of Rs. 5,000/- may imposed.
And if any tax is due after adusting prepaid taxes i.e. TDS, Advance tax, Self-Assessment tax etc. the interest @ 1% per month or part of month is imposed u/s 234A and interest u/s 234B and 234C may apply if advance tax liablity applicable.
lokesh
(article assistant)
(27 Points)
Replied 18 April 2014
MOHIT SHARMA
(Article Assistant)
(40 Points)
Replied 18 April 2014
No, you cannot file return of financial year 2011-12 with or without penalty as due date of filing was 31st March 2014.
Goutham Hegde
(Self Employed)
(25 Points)
Replied 19 April 2014
Agree with above you can file upto 31.3.2015
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