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Querist : Anonymous (Querist)
22 June 2010 A person wants to file his return for AY 2009-2010.He has profit of Rs 105000 from teaselling.whether he should do so any penalty implications.he does not maintain his books.

22 June 2010 his income is below taxable limit. He need not have to file his return

22 June 2010 HIS INCOME IS BELOW TAXABLE ITS NOT REQUIRED TO FILE THE RETURN, FOR FY 2008-09 THERE IS NO PENALTY, THE DUE DATE IS MARCH 2011...

22 June 2010 If his income aggregating other income along business income exceeding the exemption limit, then only he has to file return alongwith interest

22 June 2010 If his income aggregating other income along business income exceeding the exemption limit, then only he has to file return alongwith interest


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