Easy Office
LCI Learning

Penalty for late filling of return

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 November 2012 File Income Tax Return For F.Y.2010-11 on 12th nov 2012.what are penalty for late filling of return.
Profile Image

CA Roshan Jha

Profile Image

CA Roshan Jha (Expert)
14 November 2012 Apart from Interest u/s 234A, 234B and 234C, Penalty U/s 271F can be levied which is Rs. 5,000. However such penalty shall not levied if the assessing officer is satisfied that there was valid reason for the delay.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links