Penalty for income tax return (ifos) for a.y.2012-13

This query is : Resolved 

11 April 2014 hello sir / madam I want to know that can income tax return for income from other sources for a.y. 2012-2013 and a.y. 2013 - 2014 filled manually? is there any penalty occurred? if yes then in return same shall be mentioned or not? kindly advice. Thanks.

11 April 2014 1. yes can file manually.

2.no

3.what is u exactly asking for?

11 April 2014 the penalty can be levied for late filing. but its not to be incorporated in the return. it is payable only if the AO levies it. even for that AO gives you opportunity to defend non-levy of penalty.

with regards to manual return, it shall depend on Rule 12.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries