do i have to pay penalty for filing income tax return for AY 2010-2011?



i haven’t filed income tax return for the financial year 2009-10(AY 2010-11) yet…..till when can it be filed? do i have to pay any penalty now?

do i have to pay penalty for filing income tax return for AY 2010-2011?
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4 Replies to “do i have to pay penalty for filing income tax return for AY 2010-2011?”


  1. Due date for filling ITR for FY 2009-10 was 31.07.2010 and it could be filed by 31.03.2011 with late filling interst. Now 01.04.2011 onward it attracts penality of Rs 5000.00. But you should file return without depositing penality. Later ITO give show cause notice to the effect why penality be not imposed for late return filling. Then you may reply on the ground that due to some (give good reason) you could not file and then penality proceeding will be droped.







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