Online return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 October 2010
Hello!
I have received the FORM 16A from the bank for the year 2009-10 and there is no other income.
Please inform me whether i have to submit my return with ITR 1 or not. And is there any penalty as i have not submitted my return untill now?
I have received the FORM 16A from the bank for the year 2009-10 and there is no other income.
Please inform me whether i have to submit my return with ITR 1 or not. And is there any penalty as i have not submitted my return untill now?
01 October 2010
YOu can file itr 1 and claim refund.
Return filed after one year from the end of the financial year may attract a penalty of Rs. 5,000/- not otherwise.
Return filed after one year from the end of the financial year may attract a penalty of Rs. 5,000/- not otherwise.
01 October 2010
Agree with Aditya Sir.
01 October 2010
If your income is less than the prescribed limit which is exmpet to tax than you need not to file any return of income and no penal proveesions u/s 271f attracts. If you want to get refund than you may file return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
