10 January 2010
1st)Can i file F.Y.2006-2007 Return now 2nd)if F.Y.2007-08 Return is filed now than is there any additional penalty apart form interest.(three years back an ITO told me that there is a penalty of Rs.5000/-)
10 January 2010
I think before march'10 you can file IT return of 06-07 if you have taxable income with penalty of Rs.5000/- and interest u/s 234A only if no advance tax rules applies otherwise 234B,C also applies. and for 2007-08 you can file but b/f march 2010 with interest u/s 234A and about advance tax
CAclubindia
