for belated income tax returned

04 September 2017

for belated income tax returned is there any interest is charge by IT department.

Reply
Follow
Share

5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193904 Points)
Replied 04 September 2017

Yes...... over any tax liability........ otherwise No.

2 Like

S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 04 September 2017

Sir.,

In case we file NIL return. Then have any penalty charged by ITD...?

1 Like

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193904 Points)
Replied 05 September 2017

As on today penalty is not charged for belated return, whether 'NIL taxable return' or 'tax liability paid with interest'

1 Like

S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 06 September 2017

Thank you very much Sir...

1 Like

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193904 Points)
Replied 06 September 2017

Most Welcome....

Start a New Discussion