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About itr filling

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 July 2013 I want to Loan from SBI but,he asked me that provide ur ITR.can i eligible for filling of ITR for last two year.& if,i filled last year nil ITR than any penalty for me.
Plz give ur suggestion

Thanks

Mahesh Chillal

09 July 2013 If you have shown income before chapter VIA deductions more than basic exemption limit..

Yes..AO may direct you to pay Rs.5000 penalty under section 271F



Thanks & regards
Ganesh babu k



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