Last date to file itr for ay14-15
This query is : Resolved
25 March 2015
what's the last date to file itr for ay 14-15. Also what would be the implications if I won't be able to file it by the last date?
25 March 2015
it is 31.3.2016 as per sec 139(4)
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
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.
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
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
Message likes :
1 times
27 March 2015
if itr is filled after the relevant ay then sec 271F may be imposed by ito for 5000 as penalty.
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
