Tax Return Filing & Intt on Late Payment of Tax

This query is : Resolved

CourseCart.in (Querist)
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30 July 2008 Case :

Income Tax has been duly paid on 31st July.
But ITR is not filed on or before 31st July.
Ques 1 : Whether Intrest will be further levied if ITR is not filed upto 31.07.2008 ?
Ques 2 : Upto what date the same return can be file without penalty ?

CA Anand Sarda

CA Anand Sarda (Expert)
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30 July 2008 U/s. 234A, The interest is on late filing of return . So u will be require to pay interest if u file return after due date.
And the return can be filed upto 31-03-2009 without any penalty for A.Y.2008-09

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