Belated return
This query is : Resolved
BALRAM ROY
(Querist)
28 July 2016
my income in the year 2013-14 is below exemption limit e.i non taxable i want to file it return for that year in 2016 is there any penalty on that?
Amol S Joglekar
(Expert)
28 July 2016
the time limit for filing the return for Financial Year 2013-14 is OVER. It was upto 31/03/2016
Now still if you want to file, you need to take the permission of Chief Commissioneer of Income tax of your area of jurisdiction
Now still if you want to file, you need to take the permission of Chief Commissioneer of Income tax of your area of jurisdiction
BALRAM ROY
(Querist)
28 July 2016
can i file IT return for 14-15? is there any penalty for that?
Amol S Joglekar
(Expert)
28 July 2016
Are you NOT reading the answer or what?
The time limit is OVER.......
now if you want to file.....you need to take PRIOR permission....In the said permission, there will be the mention of penalty, if any
Otherwise in normal circumstances, since your income is below taxable, no penalty is levied....
But NOTE, the time limit for filing that return is OVER.
The time limit is OVER.......
now if you want to file.....you need to take PRIOR permission....In the said permission, there will be the mention of penalty, if any
Otherwise in normal circumstances, since your income is below taxable, no penalty is levied....
But NOTE, the time limit for filing that return is OVER.
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