Return filling date extend or not

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2011 Dear exprts

Can any body guide me 30.09.2011 was the last date of audited return file to income tax department ( Efiling). Is there any information about date extention or if return file 2day (01.10.2011) what penalty will applicable?

Thanks

Prakash Tolani

Prakash Tolani (Expert)
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02 October 2011 Till this time there is no news regarding extension of date, if you file your return after 30-09-2011, there is penalty of Rs. 1 lacs or 0.5% of turnover whichever is lower.