hello everyone..
last year i did not submit my return..i had an income of 500000..being in govt job i had paid around 70000 in tds..
if this im filling my return..for the last year i hv to pay penalty for 2000..is there any way to save myself from d penalty
pls answer
Who told you ke filing of belated return required to pay Rs.2000/- as penalty.
Assessing office may raise penalty u/s 271F of Rs.5000/- its only discreationery of Assessing officer.
and frankly speaking No assessing officer raise any penalty u/s 271F.
stiill in doubt revert back
@ singh: I am not talking about Interest u/s234A....
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