Non filling of income tax return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 November 2011
Dear all,
I have not filed the auditable income tax return of my assessee. But signed the balance sheet & audit report before 30.09.2011. Can file the return now and is there any penalty? Pls advise me with support.
Thanks
I have not filed the auditable income tax return of my assessee. But signed the balance sheet & audit report before 30.09.2011. Can file the return now and is there any penalty? Pls advise me with support.
Thanks
18 November 2011
You can file belated return now. But you have to prove that your tax report was ready and signed on or before due date.
If you failed to prove, then it is assumed you have not complied provisions of sec. 44AB.
If you failed to prove, then it is assumed you have not complied provisions of sec. 44AB.
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