banner_ad

Maximum possible penalty for not filing itr ?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 December 2012 Hello everyone,

one of my client had income of Rs.400000/- and tax deducted Rs.40000/-. but he did not file his ROI.

now he has received notice for not filing the ITR for ay 09-10.

what is the maximum penalty and how i can save my client from penalty ?
Profile Image

Arun Biyani

Profile Image

Arun Biyani (Expert)
17 December 2012 Rs. 5000 is penalty, if you have not received any penalty notice, just file the return and wait if it comes under sight of AO. if AO issues the penalty notice then only remedy is to take the same notice in the appeal which is defiently not suggested looking at the amount involved and complication it will have..
Profile Image

Soumitra Basu

Profile Image

Soumitra Basu (Expert)
17 December 2012 NON FILING OF RETURN IS AMOUNT TO CONCEALMENT. PENALTY IS MINIMUM 100% MAXIMUM 300%.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details