27 January 2012
i am a partnership firm and my TDS is sufficient to bear my tax liability,even there is tds refund.my turnover is 1 crore and i audited my accounts (A.Y 2010-11) on 28 sep 2011.but still i not filled income tax return.if i will file e-return before 31 march 2012 to claim tds refund,Is there any penalty for belated return..????
30 January 2012
Any person who has not filed the return within the time allowed may be file a belated return at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, which ever is earlier. - 139(4)
CAclubindia
