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Penalty for Late filing of IT Return

Others 2845 views 18 replies

Plz let me know whether there is any penalty for Late filing of NIL Income Tax Return ....

Can I file the return or Is there any penalty for filing nil return of income tax for AY 2009-10.

Replies (18)

NO Penalty For NIL Retrun. For A.Y. 2009-10. Last Date Without Penalty Was 31/03/2010.

But Since There is NIL Return Hence No Penalty Levied

No Penalty for filing return having NIL Income Tax.The last date for filing is 1 year from the end of relevent assessment year

agreed with parshu....

nil return can be filed upto 31/03/2011

Originally posted by : Parshu

No Penalty for filing return having NIL Income Tax.The last date for filing is 1 year from the end of relevent assessment year
Originally posted by : Parshu

No Penalty for filing return having NIL Income Tax.The last date for filing is 1 year from the end of relevent assessment year

 i agree...

Agreed with Ayush Sir

Originally posted by : AYUSH AGRAWAL

NO Penalty For NIL Retrun. For A.Y. 2009-10. Last Date Without Penalty Was 31/03/2010.

But Since There is NIL Return Hence No Penalty Levied

NO PENALTY FOR NIL RETURN.

agree with ayush...

ya no penalty will be charged.....

No penalty of filing of NIL IT return.

Rahul

 

Dear Sir,

Does can we get the PAN showing Proprietory Firm Name ?

e.g. ESCORT ENGINEERS

If yes, describe the details to filling PAN application form.

Thanking you advance


 

Dear Sir,
 

Can an Individual  file ITR -4 for F.Y. 08-09 up to 31st March 2010 ? 



If not then why DIT allowed filing ITR for the same


Thanking you

Yes u can file return upto 31.03.2011 i.e. 1 year from the end of relevant AY or before the completion of assessment whichever is earlier u/s 139(4).

Regard


CCI Pro

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