If any assessee has got his books of accounts audited on 15th sep 2010 for the F.Y 09-10, and has not filed the return till today ( 26/03/2011).
Can he file the return till 31-03-2011, and in such case will any of the section from 271B or 271F would be applicable.
What will be the consequences if he files the return after 31-03-2011. i.e section 271F will only be applicable or 271B will also be trigered.
As 31-03-2011 is approaching very fastly can you please reply me as early as possible
Thank you
CAclubindia
