One of my collegues couldn't file IT return for AY 2008-09. She has income from salary and has no outstanding taxes to be paid.
1. Does she need to submit a penalty of Rs 5000?
2. Can she e-file the above return? If yes how does she pay the penalty of Rs 5000 if applicable?
Arun
As per section 139(4) told that you can file the return for the A.Y. 2008-09 up ro 31st March 2010 but it alsos says that you " MAY " be imposed of penalty of Rs. 5000 . So there may be some imposition OR may not be..................................
But if you not filed the return for A.Y. 2008-09 then as per my opinion you need not to worry & carry on for the A.Y. 2009-10........
KK & Company Chartered Accountant
Pune
CA Inter
View Details
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
RMA And Associates LLP
New Delhi
CA Inter
View Details
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
CCI
Pro
CAclubindia
