29 March 2012
If a person not liable to pay advance tax in AY 2010-11 and he is late to file his return, now he going to return his file on 31-03-2012. which section will apply on him and why?
29 March 2012
ONLY SECTION 234A WILL APPLY FOR LATE FILING OF RETURN. THAT TOO IF ANY TAX IS PAYABLE BY HIM WHICH IS LESS THAN RS.10000/- (BELOW THE LIMIT OF ADVANCE TAX)
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