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Filing of return

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(Querist)
07 August 2009 Sir,what happens if a person doesnot file his return before the due date,can he file later,what penalty applicable.
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chetan soni

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chetan soni (Expert)
07 August 2009 under section 271F the penalty for non comply to sec 139 attract the penalty of 5K.Also interest under sec 234A for delay in filing income tax return.
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SUNNY SEHGAL

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SUNNY SEHGAL (Querist)
07 August 2009 Thank u
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