About signed ITR
This query is : Resolved
07 September 2008
Is there any penalty, if you submit a ITR (return) without signing it?
If yes, then of how much amount.
If no, then what will it be?
If yes, then of how much amount.
If no, then what will it be?
07 September 2008
There will be no " Filing of return " in this case. Consequences of not filing a return will follow.
08 September 2008
Under Section 140 "Signing of Return", if an assessee files his return without signing the same, it will be "void ab initio". That is, it will be considered as if the assessee has not filed his return.
08 September 2008
I agree with Reetika.
09 September 2008
un signed ITR is invalid return
09 September 2008
But in Section 140A (Penalty) of Income Tax Act, 1961 it is stated that you will be charged Rs. 10000/- for submitting a return without signing it. Is it or ITR will be void ab initio.
(Refer:- V.K. Singhania)
(Refer:- V.K. Singhania)
11 September 2008
I have never read any such section which deals with the penalty on non signing of return. I think what Lovely has mentioned is the penalty for un-signed documents at the time of income tax proceedings. Please clearly mention the provisions.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- Annual return in Gst
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
