Itr of fy 2014-15-taxable belated return

230 views 1 replies

1.Tax paid by employer u/s 192(1A) on behalf of employee on perquisities u/s 17(2) - Rs.11,102

2.Balance taxpayab;e as per Form 16 is Rs.837/-

FY 2014-15

ITR to be filed on 31.03.2016

Can employee(Assesse) claim tax paid by employer in ITR in same manner of tds deducted (Tds asset)

SInce it is a belated return with tax payable it should be settled within AY,if not will penalty u/s 271 (Rs.5000/- will be levied or not)

If balance tax & interest is paid on 31.03.2016, can it be filed in same day itself.

Replies (1)

Yes if you file the return tomorrow along with the pending tax you may file and not face penalty. Sec 271 is only used in cases where return is not filed even after due date ie 31.3.16 for FY 14-15.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register