Filing of return
This query is : Resolved
27 July 2008
What is the maximum penalty IT dept can impose on assessee (not requiring audit) if he fails to file IT return by 31st July.
What is the recent trend.
What is the recent trend.
27 July 2008
penalty u/s 271 F can be imposed for rs 5000 if roi is not filed upto the end of assessment year.
for f.y 2007-08 ,the date is 31/3/09 after which penalty under above sec can be imposed.
for f.y 2007-08 ,the date is 31/3/09 after which penalty under above sec can be imposed.
28 July 2008
if tax is due then interest is charged on tax due u/s 234 A B C
28 July 2008
1
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