06 August 2008
Can I File My Salaried IT Return For the year 2008-09. After 31/07/2008. For This There is any penalty to be paid by me ? Pease Inform me as early as possible .
06 August 2008
Yes you can file your return by 31st march,2009 by just paying interest u/s 234A/B/C and without penalty.Interest u/s 234B/C will be there if there is tax liability exceeding rs. 5000 after adjustment of tds.you can also file your return upto 31st march,2010 by paying interest as aforesaid and also penalty of rs. 5000 levied under section 271F of the income tax act,1961