Income tax return
This query is : Resolved
03 October 2013
dear all...I have a question... I want to file my income tax returns for the AY 2012-13 and 2013-14 ...what will be consequence for late return specially 2012-13 ...pls revert me...thanks ...
03 October 2013
interest under section 234A for not filing return
Penalty under section 271F for not furnishing return.
Penalty under section 271F for not furnishing return.
04 October 2013
please file at the earliest to minimize 234A interest. interest under 234B and 234C shall depend on tax liability.
Penalty under 271F is not compulsory. AO will give you the opportunity to explain reasons for non-filing of return. In case you are able to satisfy AO with your explanation, the penalty may not be levied.
Penalty under 271F is not compulsory. AO will give you the opportunity to explain reasons for non-filing of return. In case you are able to satisfy AO with your explanation, the penalty may not be levied.
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
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Multiple trade mark
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Transporter Declaration form
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
