Refund

This query is : Resolved

Sanjay (Querist)
Follow

02 October 2014 Dear Sir,

I have filed ITR-1 return after due to date which is actually refundable tax .i.e A. Y 2013-14 filed on 30/09/2014 and A. Y 2014-15 filed on 29/09/2014

Can we get full amount of refund ya they deduct late fees.

Kindly solve my query.

Thanks & Regards.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

02 October 2014 You will get the refund as per details shown in the return. No late fees will be deducted.

For return of AY 2013-14 penalty u/s 271F may be levied by AO. Maximum penalty Rs 5000/-

Message likes : 1 times