Regarding late filing it returns penality


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 October 2015 Dear Sir/ Madam,

I am an individual salary person, and my taxable income for the F.Y-2014-15 Rs-2,03,500 (ie- Nil tax payer), if i filed this returns now, i will get for late filing penalty or not.

Kindly suggest me.

Thanks.

09 October 2015 You are not liable for interest u/s 234A for late filing since there is no tax liability,

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 October 2015 Thank you

sir i am asking about PENALTY and not about interest.




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