Filling of Income tax Return
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 June 2010
Mr. A is Having TDS certificates of Rs. 50,000/- for the A.Y. 2007-08 but he has not filed his income tax return for that period.
Is it possible to file the return for that A.Y.?
He is realy to pay Penalty of Rs. 5000/- along with Interest, if any, as applicable..?
Is it possible to file the return for that A.Y.?
He is realy to pay Penalty of Rs. 5000/- along with Interest, if any, as applicable..?
23 June 2010
Yes it is possible to file the ITR. Penalty u/s 271F is levied by the AO when there is a tax liability but if there is any refund then penalty may not be imposed.
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2010
Thank you...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Sale of property furniture sale
- Bogus purchase treatment for it act gst dealer
- Tax on capital gains revoked us 54f
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
