How to file the returns for the ay 2011-12

Dear Janki,

your client has to pay penalty u/s 271F for failure to file Income tax return as required by section 139 before the end of the relevant Assessment year of Rs. 5000/-. in your case for 2011-12 Income tax Department will not accept return for that particular year because it is time baring, your client can file now his return for A.Y. 2012-13 and 2013-14. for A>Y> 2012-2013 the last date will be 31st march 2014.

Dera janki,

Penalty u/s 271F is not leviable if your client proves that there was reasonable causes for failure.