Late return filing fees
This query is : Resolved
Prashant K
(Querist)
28 July 2014
Dear Experts,
I'am having only salary income
I have not filed any return till now
i have form 16 for the FY 12-13 and FY 13-14
my colleague suggested me to file return even for FY 12-13 but i have to pay Late return filing charges for FY 12-13
Can you please tell me what will be the charges and the calculation.
Thanks
Best Regards,
Prashant Kank
I'am having only salary income
I have not filed any return till now
i have form 16 for the FY 12-13 and FY 13-14
my colleague suggested me to file return even for FY 12-13 but i have to pay Late return filing charges for FY 12-13
Can you please tell me what will be the charges and the calculation.
Thanks
Best Regards,
Prashant Kank
Prashant K
(Querist)
28 July 2014
Tax liability for FY 12-13 is zero. then too i have to pay the late return filing fees?
Nikhil Kaushik
(Expert)
28 July 2014
there wont be any penalty if tax liability is zero. kindly file the return for FY 2012-13 and FY 2013-14.
Prashant K
(Querist)
28 July 2014
Thank You NK & Associates
Nikhil Kaushik
(Expert)
28 July 2014
you are welcome Prashant
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