23 March 2014
I WANT TO FILE ITR FOR 2011-12. WILL I BE CHARGED ANY PENALTY FOR THE SAME.I DO NOT HAVE ANY OTHER INCOME EXCEPT SALARY. WHAT ARE THE DOCUMENTS REQUIRED FOR E-FILING FOR A SALARIED PERSON OTHER THAN FORM 16?
23 March 2014
Yes you can file belated IT return u/s 139(4), for the FY 2011-12, till 31.03.2014 subject to penalty of Rs 5000/- u/s 271F. Penalty can be levied by the AO if you were to file return u/s 139(1) but the same was filed after the end of the relevant assessment year.