Income Tax has been duly paid on 31st July. But ITR is not filed on or before 31st July. Ques 1 : Whether Intrest will be further levied if ITR is not filed upto 31.07.2008 ? Ques 2 : Upto what date the same return can be file without penalty ?
30 July 2008
U/s. 234A, The interest is on late filing of return . So u will be require to pay interest if u file return after due date. And the return can be filed upto 31-03-2009 without any penalty for A.Y.2008-09