Online Submission of IT Return
This query is : Resolved
Soma Biswas
(Querist)
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?
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?
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
(Querist)
07 March 2011
thanks, can you kindly mention the penal section?
07 March 2011
U/s 271F of IT Act
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