Dear Experts,
i want to file an individual income tax return for F.Y. 2013-2014, but it's due date was 31/03/2015 , so is there any way ?
can i file now ? and i am liable for penalty ?
pls. suggest about it . what can i do ?
regards,
manan pandya
ahmedabad
Late income tax return filing: allowed only when initiated in response to a statutory notice under assessment procedure. The only operative response states that a return for the lapsed year can be filed only in response to a notice issued under the assessment procedure identified by the respondent as u/s 142(1). (AI Summary)