submission of Return
This query is : Resolved
CA Goush Abdulla
(Querist)
30 October 2009
Respected sir,
I am filing the return for the last year 2008-09 (assesment year 2009-10).My query is that, that I computed my income in the month of october 09 and accordingly i paid the Self assessment tax including interest in the same month but due to lack of time I fail to submit the return in the month of october 09,
Now if I submit the return in the month of November I need to recompute the same to give the penal interest effect of November and to pay the additional interest of November.
I am filing the return for the last year 2008-09 (assesment year 2009-10).My query is that, that I computed my income in the month of october 09 and accordingly i paid the Self assessment tax including interest in the same month but due to lack of time I fail to submit the return in the month of october 09,
Now if I submit the return in the month of November I need to recompute the same to give the penal interest effect of November and to pay the additional interest of November.
CA SANJAY MUKHERJEE
(Expert)
30 October 2009
It's still October 2009 , however if you are going to submit in November u have to recompute the interest and pay before filing return.
BALASUBRAMANYA B N
(Expert)
30 October 2009
You already paid the tax amt,you dont have tax liability to pay interest.On what your going to pay interest..no need to pay interest you can file without interest..
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