PENALTY U/S 271F
This query is : Resolved
HARDIK.V.SHETH
(Querist)
06 November 2008
IS IT COMPULSORY TO FILE NIL RETURN FOR THE A.Y.2007-08 AND OFFICER IS CHARGING PENALTY U/S 271F FOR FILING RETURN AFTER THE DUE DATE PLEASE SUGGEST ME ITS URGENT
HARDIK.V.SHETH
(Querist)
06 November 2008
ITS URGENT
06 November 2008
Tell me the category of your assessee u/s 2(31) of the income tax act,1961.
Late CA Sampat Jain
(Expert)
06 November 2008
Individual are required to file return only if the income is taxable ........now when there is no liability to file return where is the question of penalty for not discharging the non existent liability
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