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Wrong return

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27 April 2014 I have filled my IT return for AY 2012-13 on 16.04.2014 without receiving notice u/s 142 wrongly. Now CPC transfer the matter to my AO for verification. Is there any penalty for this or any other things. ... Please help me...?
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vibhor

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vibhor (Expert)
27 April 2014 In layman's language, if there is tax payable in your ITR, penalty will be attracted. If no tax payable was there, no penalty.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
27 April 2014 Maximum penalty Rs 5000/- u/s 271F of IT Act 1961.
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