25 March 2015
let me first clear is that Accounting Year or Assessment Year Due date of filing IT return for Assessment Year 14-15 is 31/7/14 for other than companies and firm which will have not come under Tax Audit U/s 44AB And is 30/09/14 for companies and firm come under Tax Audit U/s 44AB Same date and month will be applicable for next year
If u dont file within due date you will be charged interest along with your tax liability
27 March 2015
Thanks for your replies. I am talking about Assessment year 14-15 here and individual return. So as per your comments, last to file the same was 31/07/2014 which has already passed. So I would like to know till what date I could file the return by giving the late fees. Also, would like to know how much is the late fees. PS: I have deposited my computed tax already. It is just that I haven't finalized my accounts.
27 March 2015
It is 31/03/2016 with interest u/s 234(a),(b),(c) If u paid your tax liability already then u will not be charged 234(b),(c) to some extent there is no provision like Late fees in income tax However penalty provision is there but we can file return without penalty it will be ok
CAclubindia
