Itr for ay 13-14

Have your ever filed your returns online earlier? If yes. Then you should file this return as well otherwise you will received notice from CPC.

Dear Sir

You could file you income Tax return for AY 2013-14 by 31st march 2015 without any penalty.

If there is tax payable in AY 2013-14, a simple interest will be charge on tax payable.

If you don't file the return on or before 31st march 2015  and department raise a notice for assessement than you liable to pay penalty 100% to 300% of tax evaded under section 271(1)(c) for concealment of Income.

If your salary income and interest income does not exceed INR 5,00,000 and you have declared your interest income to employer, you need not to file ITR. This provision is applicable from AY 2012-13.