Penaly

This query is : Resolved 

06 June 2014 I got a letter from income tax dept. regarding penalty for late filing of return, whether i have to pay it now or can be paid in next assessment year?

06 June 2014 1. you can challenge the penalty if you wish to.

2. if you dont wish to, then you have to pay now

07 June 2014 you can pay it now also...............................




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