No penal action on electronically filed IT returns bearing date stamp of 1st October CBDT have ordered that any return of income for the assessment year 2008-09 filed electronically on 30th September 2008, in respect of which the electronic acknowledgement bears the date stamp of 1st October 2008, shall be treated as having been filed within the due date, i.e. 30th September 2008. Accordingly, such returns of income shall be eligible for all benefits of filing of tax returns by the due date and no penal consequence shall be attracted for failure to file the return by the due date.
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No penal action on electronically filed IT returns
Replies (3)
thanks
Thanks for the informations
For all the returns filed online, you will be given 15days time to submit the ITR-V with Income tax deptt. and if you will deposit the same with in 15 days then the date of submission will be taken as of the date of online submission.
I think all the CAs are aware of this.
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