Online Submission of IT Return

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Soma Biswas (Querist)
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07 March 2011 Since the last 9 year I am submitting IT Return though it is not mandatory for me and I always remain below the taxable income and my tax is always nill.
I filed the last return in Assessment year 2008-2009 online.
But I did not file return for Assessment year 2009-2010 and 2010-2011. During these period also my income is below taxable limit.

But Now I need last three years return for some other purpose.
My question is If I file now the return for Assessmetn year 2009-2010 online, whether any penalty will be imposed?

CA KRISHNA KUMAR DARUKA

CA KRISHNA KUMAR DARUKA (Expert)
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07 March 2011 As it is not compulsory for you to file return, i think the department will not impose any penalty if you file any late return.

Soma Biswas

Soma Biswas (Querist)
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07 March 2011 thanks, can you kindly mention the penal section?

CA KRISHNA KUMAR DARUKA

CA KRISHNA KUMAR DARUKA (Expert)
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07 March 2011 U/s 271F of IT Act

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