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Penalty

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(Querist)
25 December 2017 HI

I AM FILING RETURN FOR A.Y. 2016-17 AND 2017-18 AND INDIVIDUAL ASSESSEE IS A TAX PAYER.
IS THERE IS ANY PENALTY ATTRACT ?? IF YES THEN WHAT AMOUNT?
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Z

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Z (Expert)
26 December 2017 You do not need to pay any penalty unless you receive a notice demanding the penalty amount.
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RAJA P M

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RAJA P M (Expert)
26 December 2017 Yes... No need pay any penalty at the time of filing. In case you have any Notice from ITD for demanding penalty then You will pay.




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