Submition of Return

This query is : Resolved 

31 July 2008 What are the consequnces of not filling the income tax return of individual, having tax liability, befor 31st july,2008 ?

31 July 2008 Interest is leviable on tax payable. Continued failure beyond 31st March 2009 (in respect of assessment relating to 2008-09) may attract penalty. Still continued failure beyond 31st March may, in certain circumstances, end up in prosecution and imprisonment in addition



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