for how many AYs itr can be filed in AY 2012-13
Saurabh Toshniwal (ca final) (2363 Points)
17 January 2013for how many AYs itr can be filed in AY 2012-13
CA. Subhash Dangi
(Chartered Accountant)
(1784 Points)
Replied 17 January 2013
You can file Income tax returns for the AY 2011-12 and AY 2012-13.
kavitha
(studying final)
(830 Points)
Replied 17 January 2013
| Originally posted by : CA. Subhash Dangi | ||
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You can file Income tax returns for the AY 2011-12 and AY 2012-13. |
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as you can file return within one year from the end of relevant assessment year without penalty
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 17 January 2013
Kavitha
Just to share, penalty can be levied under section 271F for 5,000 in case of belated filing of returns. It is another matter that this section is not strictly enforced by Revenue and is discretionary to be imposed by AO. But it is there and who knows, to mop up funds for Ministry, may be made mandatory.
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 17 January 2013
| Originally posted by : Dipjyoti Majumdar | ||
|
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Kavitha Just to share, penalty can be levied under section 271F for 5,000 in case of belated filing of returns. It is another matter that this section is not strictly enforced by Revenue and is discretionary to be imposed by AO. But it is there and who knows, to mop up funds for Ministry, may be made mandatory. |
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Live class on PF & ESI Enrollment & Returns Filing(with recording)
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