RAJ KUMAR (FINANCE MANAGER) (1393 Points)
01 February 2011HELLO FRIENDS, IF ANYBODY HAS NOT FILED THE RETURN OF AY 2009-10 BUT THE WHOLE TDS IS DEDUCTED AND THE TAX LIABILITY COMES TEO RS. 200 ONLY.
HE IS A SALARIED EMPLOYEE. IF HE FILES HIS RETURN NOW AND PAY THE TAXES CAN THE AO IMPOSE THE PENALTY OF RS. 5,000.
Pankaj Arora
(Learner)
(3134 Points)
Replied 01 February 2011
You can not file your return of a.y. 2009-10 because time limit has over now if you want to file your return that you are liable for penalty u/s 271F of Rs.5000.00
RAJ KUMAR
(FINANCE MANAGER)
(1393 Points)
Replied 01 February 2011
BUT IF THE PERSON INCOME IS BELOW THE EXEMPTED LIMIT THEN HE VCAN FILE FOR AY 2009-10 WITHOUT PENALTY OF RS. 5,000
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(without recording)
CAclubindia
