i want to know can i file return of A.Y.:2008-09 after march 2009 for person having income below taxable liability. and there is any chance to get a future penalty worth Rs.5000/- . please suggest answer can i file return or skip return because Rs.5000/- penalty applicable.
06 June 2009
FILE THE RETURN . IF PENALTY NOTICE IS RECD MAKE A PRAYER FOR DROPPING OF PENALTY PROCEEDING ON THE GROUND THE YOU ARE NOT LIABLE TO FILE IF THE INCOME IS BELOW TAXBLE(FOR INDIVIDUALS ONLY).SO THERE IS NO VIOLATION.
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