17 March 2015
Yes you can file belated return u/s 139 (4) of AY 2013-14 on or before 31.03.2015. Since the return is being filed after the end of relevant AY 2013-14, penalty of Rs 5000/- u/s 271F may be levied by AO after giving assessee a reasonableopportunity of being hear. If your income is below exemption limit then there will be no penalty.