Non filing of itr
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 July 2013
sir,
if a person get interest above rs10000 and bank deducted tds under rs5000 and person not filling return.what will be penalties for person by income tax department.
if a person get interest above rs10000 and bank deducted tds under rs5000 and person not filling return.what will be penalties for person by income tax department.
22 July 2013
if income tax final liability is below the slab and if assessee is does not want the tds back then no need to file itr and no penalty is chg.
if assessee wants refund of tds then needs to file itr compulsory.
if assessee wants refund of tds then needs to file itr compulsory.
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