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Penalty of Rs.5000/- for IT Return File Year 06-07

This query is : Resolved 
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(Querist)
04 September 2009 Dear Sirs,

I want to know If I file Return for the Year 2006-07 in this Year,Will I have to Pay Penalty of Rs.5000/- first or not ?


Pls tell me urgently

Thanks in Advance
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Late CA Sampat Jain

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Late CA Sampat Jain (Expert)
04 September 2009 The return is time barred , you can not suo moto file it now

penalty applicable

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