Received a letter from IT dept for late income tax filing – Help needed

POSTED BY Dr. sateesh ON September 18, 2013 9:29 am COMMENTS (3)

Sir,

I forgot to file IT return for AY 2010-11. now i have received a letter from IT dept compliance management cell asking the details of return of 10-11 to 12-13. how should i file the return now. are there any penalties.  Actually I would have got refund of some amount if i would have filed in time.

Please  help me

3 replies on this article “Received a letter from IT dept for late income tax filing – Help needed”

  1. ashalanshu says:
    September 18, 2013 at 3:43 pm

    Dear Dr. Sateesh, as you have already paid more taxes than what was due on you, the normal penalty for default in payment of tax ‘ll not be there. For late filing, your Assessing Officer may impose penalty if he deems fit.

    Thanks

    Ashal

    Reply
  2. Dr. sateesh says:
    September 18, 2013 at 11:26 am

    thank you, but i want know whether any penalties will be there because i have taken a home loan this year

    Reply
  3. ashalanshu says:
    September 18, 2013 at 10:18 am

    Dear Dr. Sateesh, please take help of a CA or TRP or Tax professional in your city.

    Thanks

    Ashal

    Reply

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