What is the penalty if i forgot to file itr- of ay2010-11

Respected Madam,

                                    As far as Provisions of the Income Tax Act 1961 is concerned, you can file Income Tax return ( either manually / online ) within one year from the end of the relevant assessment year, then in that case a penalty should be imposed u/s 271F, failure to furnish return of income before the end of the relevant A.Y subject to a penalty of Rs. 5000/=, but unfortunately, last date of IT Return filling for the a.y 2010-2011 is 31/03/2012.

Therefore ,  time is over and you can't do that,

Sorry.

                             Thanking You,

                                                                                  PALASH RAKSHIT.

                                                                          ( MOBILE :- 09331800197.)

                                                      Email-id:- palashraksh*t82 @ gmail.com