banner_ad

ITR filing

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 July 2008 I was working as an insurance agent earlier and have stopped now.But i do get my commission which is hardly around 15000 per annum,do i still need to file return.And if so what is the last date for submission
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
23 July 2008 Why do you want to file if it is below tax limit?
Profile Image

Manisha

Profile Image

Manisha (Querist)
23 July 2008 is it ok if i dont file now,as i have filed for three years earlier when i had taxable income,will there be no penalty for not filing of return
Profile Image

Sachin Kataria

Profile Image

Sachin Kataria (Expert)
23 July 2008 it will not attract any penalty if you dont file your ITR.
ITAct does not provide any penalty for non filing of return if gross total income is less than the maximum amount chargeable to tax. however if your Income attaracts tax, and you do not file return on due date or year ended 31.03.09 then it will attaract a penalty of Rs. 5000.

dont worry now.. DO NOT FILE RETURN as your total income does not exceed maximum amount chargeable to tax
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details