I want to know that if i file belated return voluntarily for AY 2012-13. Tax has been correctly deducted as per TDS. Do i need to pay penalty of Rs 5000/-.
sonika kaushik (Accountant ) (148 Points)
30 November 2013I want to know that if i file belated return voluntarily for AY 2012-13. Tax has been correctly deducted as per TDS. Do i need to pay penalty of Rs 5000/-.
shuhaib.c
(CA-Final)
(73 Points)
Replied 30 November 2013
CA PRIYUL SHAH
(JOB)
(901 Points)
Replied 30 November 2013
If your tax liability is NIL than no penalty will be levied..You can file return up to 31/03/2014 without any penalty if you tax liability is NIL.
Sajid Abdullah
(accounts Manager)
(29 Points)
Replied 02 December 2013
You need not worry. As you have still time to file your return upto 31 st march.2104. Furthe in case of NIL return there i no penalty. regards
Sandeep
(ASST.MANAGER ACCOUNTS)
(1751 Points)
Replied 02 December 2013
Dear Sonika,
You can file your return upto 31st march 2014. As far as penalty is concern you not need to pay indepensently any penalty however payment of any penalty will be done only when department will demanded.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
