Income tax

rahul rana (Assistant accountant (Pursuing CA)) (184 Points)

07 April 2017

i have filed income tax return nil FY 2014-2015 AY 2015-2016 on 31.March.2017 then is there any penalty can be charged.

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160609 Points)
Replied 07 April 2017

For Nil return, no penalty charged.

balkishan sharma (Student CA Final ) (99 Points)
Replied 07 April 2017

no penalty charged Till 31 march 2017 if your income is below 2.50 lakh

CA RAJEEV KR. RANJAN (EMPLOYEE) (149 Points)
Replied 07 April 2017

There is no any penalty to be charges if income exceed 2.50 becouse there is provision of intt. On tax and such return feild under belated return

srinivas (Finance Manager) (239 Points)
Replied 08 April 2017

no penalty is there

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