Return

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

23 July 2014 Good Evening friends,

Can i file my Income Tax Return after Due date,

& Is these any penalty on it.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

23 July 2014 upto 1 year from the end of ay u can file belated itr.....

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

23 July 2014 Take for example.
Return of AY 2014-15
After due date belated return can be filed upto 31.03.2015 without any penalty. Belated return can be filed from 01.04.2015 to 31.03.2016 but subject to penalty of Rs u/s 271F. Rs 5000 is maximum penalty and levy of penalty is at the discretion of AO after giving assessee a reasonable opportunity of being heard. He mayor may not levy penalty. No need to pay penalty at the time of filing of return.

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2014 okay, but can i get refund.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

24 July 2014 yes still u can get refund go ahead.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Sreekumar J Pai

Murugan

Suhasini

CA.Gopal Rathi

THOMAS JOHN

Subscribe Now

Return

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

CA Final

GST CONSULTANT

Manager- Finance and Compliance

GST CONSULTANCY

Senior Executive