E-filling of income tax return

This query is : Resolved

Sandeep Sharma (Querist)
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27 January 2014 IF ASSESSEE WANTS TO E-FILE I- TAX RETURN OF F.YRS 2011-12. HIS INCOME IS BELOW RS 2.00 LACS, WHILE TDS OF RS 5000/- DEDUCTED BY EMPLOYER.
QUERY- IF HE FILES RETURN, WHETHER HE HAS TO PAY PENALTY U/s 271F, WHILE HIS INCOME BELOW TAXABLE INCOME, SECONDLY TDS IS ALREADY DEDUCTED AND REFUNDABLE.

SO SEC 271F IS APPLICABLE OR NOT..IN THIS CASE.

SAME QUERY I HAVE FOR F.YRS 2010-2011.

KINDLY REPLY ASAP.

@VaibhavJ

@VaibhavJ (Expert)
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27 January 2014 Hi

If his income before giving any exemption under ch VI A is less than 2 lacs then he is not required to file ITR.

Thx

Sandeep Sharma

Sandeep Sharma (Querist)
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29 January 2014 BUT WE WANT TO FILE RETURN FOR GETTING REFUND OF TDS DEDUCTED SO KINDLY TELL ME WETHER SECTION 271F SHALL BE IMPLICANT OR NOT.

@VaibhavJ

@VaibhavJ (Expert)
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29 January 2014 Generally penalty under s/271F is not levied, however if your gross taxable income was in excess of Rs 2 lac ITR was required to file

Thx

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