Return not filed but all tax paid- consequences

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 June 2016 Dear experts,

My taxable income fo FY 2010-11 comes out to be 951576 . the tax liability is 143657 out of which tds deducted was 97126 & balance paid via self assesment on 26/07/2011 Rs 46531.
I received notice from IT department today for not filling ITR for FY 2010-11.
When I add all my income in tax software it shows a interest amount of Rs 7700 to be paid u/s 234A/234B/234C.
I have paid all my tax on time so how come non filling of ITR attracts all these interest.

Rupesh Jain

Rupesh Jain (Expert)
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29 June 2016 if your tax liability will come then you have to file the return on or before the due date. if your all tax adj with tds then no intt will come under 234A for late filing of iTR.