Delay in it return filing
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2011
Hi,
If I have to file my last year (Ass. Year - 2010-11) now, can I file it. Is there any charge or penalty.
If I have to file my last year (Ass. Year - 2010-11) now, can I file it. Is there any charge or penalty.
30 July 2011
U can file. Penalty under section 271F of the Income tax Act,1961 can be initiated.
30 July 2011
Yes you can file your return till 31/03/2012. If your return had any tax due then there is a penalty of Rs. 5000 and interest on tax. Otherwise no penalty.
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
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
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
