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Penalty

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2010 is penalty of Rs 5000/- for late filling of ITR by individual is payable at the time of filling of return,(means before filling)& that amount should be reflected in the return,if yes where?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
28 July 2010 No the penalty is to be payable if demanded by the A. O. and not at the time of filing return.

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