for how many AYs itr can be filed in AY 2012-13
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Filing itr
Replies (4)
You can file Income tax returns for the AY 2011-12 and AY 2012-13.
| Originally posted by : CA. Subhash Dangi | ||
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You can file Income tax returns for the AY 2011-12 and AY 2012-13. |
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as you can file return within one year from the end of relevant assessment year without penalty
Kavitha
Just to share, penalty can be levied under section 271F for 5,000 in case of belated filing of returns. It is another matter that this section is not strictly enforced by Revenue and is discretionary to be imposed by AO. But it is there and who knows, to mop up funds for Ministry, may be made mandatory.
| Originally posted by : Dipjyoti Majumdar | ||
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Kavitha Just to share, penalty can be levied under section 271F for 5,000 in case of belated filing of returns. It is another matter that this section is not strictly enforced by Revenue and is discretionary to be imposed by AO. But it is there and who knows, to mop up funds for Ministry, may be made mandatory. |
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