is it penalty for late filing of return by e-filing ? because i have filed the return yesterday night but the site is not responding hence my return is submitted late by 1st April,2008?
is it penalty for late filing of return by e-filing ? because i have filed the return yesterday night but the site is not responding hence my return is submitted late by 1st April,2008?
YES
If total income is above Rs. 1.00 Lacs and tax is payable/paid/tds dedcuted than the Rs. 5000/- penality appliacable. moreover in the case of Corporate assessee and firms penality is applicable
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
View Details
SSGS and Associates
Chennai
CA Inter
View Details
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
CAclubindia
