12 April 2014
WE HAVE NOT FILED THE IT RETURNS FOR LAST 2YEARS WILL THERE IT BE ANY PROBLEM FOR US. AND IF PROBLEM IS THERE WHAT ARE THE PROBLEMS WILL COME IF MANY THEN I WILL FILE MY RETURNS. BUT HOW MUCH PENALTY I SHOULD PAY TO IT DEPT. KINDLY SUGGEST
12 April 2014
if your income below exempt limit then no requirement of file the return . but your income more than exempt limit and not filing the return then you have pay penalty Rs. 5000/- per return
you can file return of F Y 2012-13 at present. if you income below exempt limit.