Return filling

This query is : Resolved 

14 April 2014 If return for A.Y.2013-2014 is filed after 31.03.2014 & assessee having income of only 60,000/- on which TDS of 6000 is deducted. so whether penalty of 5000 for late filing is imposed or not?
bcoz assessee has income less than exemption limit even though penalty would be levied?

14 April 2014 PENALITY NOT LEVIED DUE TO YOUR INCOME IS BELOW EXEMPT LIMIT


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query