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19 July 2011 there is refund for A. Y. 2010-11. If any one has not filed return for A.Y. 2010-11. Can he file it now?

19 July 2011 Yes return can be filed now.

19 July 2011 Is there any penalty for above?

20 July 2011 Penalty can be initiated under section 271F,amounting to Rs.5,000/-,if return is filed before the end of the relevant assessment year.


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