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Belated return

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(Querist)
22 March 2012 I have taxable income for A.Y. 2010 - 2011 and i have TDS refundable. Can i file belated return now ?
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CA RICHA BADALIA

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CA RICHA BADALIA (Expert)
22 March 2012 yes you can file return upto 31/03/2012 u/s 139(4).
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shalender

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shalender (Querist)
22 March 2012 Thanks for the reply.But after filing the return will i have to pay penalty of rupees 5000/- for not filing the return before the relevent A.Y. u/s 139 ( 1 )
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