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Penalty u/s 271F

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(Querist)
21 April 2011 Whether penalty u/s 271 f if the assesse has not furnished return with in time allowed u/s 139(1).bt filed belated return u/s 139(4).
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Ratan Sharma

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Ratan Sharma (Expert)
21 April 2011 No penalty is leviable u/s. 271F if the assessee filed belated return u/s. 139(4).

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