About signed ITR
This query is : Resolved
CA LOVELY ARORA
(Querist)
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?
CA E.A.Ravikumar
(Expert)
07 September 2008
There will be no " Filing of return " in this case. Consequences of not filing a return will follow.
Reetika Goel
(Expert)
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.
CA.Tarun Maheshwari
(Expert)
08 September 2008
I agree with Reetika.
CA Rajesh S
(Expert)
09 September 2008
un signed ITR is invalid return
CA LOVELY ARORA
(Querist)
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)
CA.Tarun Maheshwari
(Expert)
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
