Non filling of income tax return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 November 2011 Dear all,

I have not filed the auditable income tax return of my assessee. But signed the balance sheet & audit report before 30.09.2011. Can file the return now and is there any penalty? Pls advise me with support.
Thanks

CA PRAVIN

CA PRAVIN (Expert)
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18 November 2011 You can file belated return now. But you have to prove that your tax report was ready and signed on or before due date.

If you failed to prove, then it is assumed you have not complied provisions of sec. 44AB.