Urgent ! penalty for late filing st 3 return

This query is : Resolved 

30 October 2013 Dear all,

I am going to file st3 return related to finyr 2010-11 in nov 2013, in this case what is penalty for late filing return

is it 2000 or 20000?

Please let me know the answer

its very urgent !

Regards,
Satish

30 October 2013 penalty is as follow:
Rs. 500 for less then or equal to 15 days

Rs. 1000 for more then 15 days but less then or equal to 30 days

Rs. 1000 + Rs. 100 per day after 30 days (maximum upto Rs. 20000)

in your case, as the return is before fy 11-12, i.e. for fy 10-11, maximum penalty will be Rs. 2000

30 October 2013 in your case, 2000


30 October 2013 Agreed with Expert.

It is Rs. 2000/-.



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