28 December 2011
Can I fill income tax return for F.Y. 2009-2010(A.Y. 2010-2011) online in December 2011? How much penalty impose on me for late filing?
29 December 2011
Yes you can file IT return for AY 10-11 online now. Besides interest payable which is mandatory, you may have to pay a maximum penalty of Rs 5000 if and when imposed.
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