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Missed to deposit tax for financial year 2011-12

priyank bhatnagar (engineer) (38 Points)

15 May 2012

Dear Sir,

I am a salaried person and no other income source. My organisation not deduct income tax and not provide me any form 16. But i want to pay tax and file ITR beacause i need ITR for Home Loan purpose.

Actually, I missed to deposit tax for financial year 2010-11 and now i want to pay tax and fill ITR.
My total Taxable Income was Rs.230800 without standard deduction.
Kindly provide me the calculation and reply me how much tax is to be paid with fine or penalty?
if fine/penalty is to be paid then any other form is to be attached or not?

what is the complete procedure to pay tax & file ITR by online ( I means to which form i have to be fill)

what is the last date for paying tax and filing ITR of FY 2010-11 ?

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3 Replies

Prateek Agarwal (Sr. Executive - Finance & Accounts) (1732 Points)
Replied 16 May 2012

For FY 2010-11, last date of filing return of income is 31.03.2012 (Actually it is 31.07.2011), but u cn file return upto 31.03.12 without any penalty.

After dat, u can file return by paying Rs. 5000 penalty upto 31.03.2013.

U can pay tax through Challan No 280 and mention the AY as 2011-12 in the form.

Then Download the ITR 1 for that year and create xml file. Upload the same.

Regards

Prateek

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Arijit Mudi (Accountant) (21 Points)
Replied 24 April 2015

Dear Sir,

The TDS file has contained in the data folder in the name of 26Q4QTR

I am doing TDS return 26Q for Quarter 4 in fvu format.

While generating the fvu file an error is displayed.

TDS/TCS - ERROR FILE

Line No	Record Type	Statement Type	Field Name	Challan Details Record Number	Deductee/ Salary Detail No.	Error Code & Descripttion
2	Batch	Regular	Batch Total of - Total of Deposit Amount as per Challan	-	-	T-FV-2096 Invalid value provided in the field total TDS/TCS amount as per the challan. Value should be the summation of total TDS/TCS in the statement

FVU Version : 4.5 eTDS RPU 4.2

I have attached files for the same.

Please tell me what is the error and tell me how to rectify it....

thanks in advance......

Regards,

Arijit

Attached File : 1404892 20150424143245 26qr.rar downloaded: 294 times

Udgam Koomar (Tax Technologist) (1949 Points)
Replied 28 April 2015

You can only pay taxes but not file return. You can talk to your ITO before doing so expaining the reason adn see if he lets you dpost the form as a special case. U can go to efiling site download the form for ay 11-12 and fill all details, you will automaticall get the penalty amount mentioned there.