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Penalty for late filling of income tax return for firm

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(Querist)
01 October 2011 sir my client have turnover of Rs. 80 Lacs that means books of accounts is audited and tds has been deducted. So please tell me that if we filled return after due date is there any penalty.
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ACMA Obulirajan R

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ACMA Obulirajan R (Expert)
01 October 2011 Penalty would be Rs.5000/- as well as certain interest will be applicable.

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