Itr

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03 August 2014 can I file my itr for a.y 2014-15 now ??..

03 August 2014 Dear Friend,

Yes you can file ITR for AY 2014-15. You can file the same till 31st march-2016.

Thanks,
Devanand

03 August 2014 Additionally, You can file belated return u/s 139(4) upto 31.03.2015 without any penalty.

Belated Return can also be filed u/s 139(4) From 01.04.2015 to 31.03.2016 or completion of assessment whichever is earlier but subject to a Maximum penalty of Rs 5000/- u/s 271F.


Levy of penalty is at the discretion of AO after giving assessee a reasonable opportunity of being heard. He may or may not impose the penalty. No need to pay penalty at the time of filing of return.


04 August 2014 your can file the return till 31.3.2016 but you have tot pay penalty in you file return between 1.4.2015 to 31.3.2016.

till 31.3.2015 no penalty levied only intt levied if you not pay the tax.



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