18 November 2009
I am a PCC student. I hav a clarification in efiling of IT returns. If for a person to whom the filing made on 31st oct i.e. he/she is a individual having tax audit and the director of a company. But if we have filed the return mentioning the due date as 31st july and paid extra interest, will there be any notice from IT dept????
18 November 2009
My friend if as you said the individual is under tax audit so it seems he/she is a proprietor & if such is the case your return filing was 30th Sept & not 31st Oct Now to your question IT does not look at the last date what you have mentioned but they see what it should be as per law & what date you have filed the return &interest / penalties are levied accordingly. so you mentioning date is not a problem