Sumit kapoor (owner) 20 October 2012
Hi All,
I have a small business and does not have a taxable income, but i have not filled my IT return since 2 years... will IT impose a penality on me for not filling IT return..
i got a mail from IT to provide them the returns
Please advice
Regards
Sumit
Advocate Rohit (Advocate) 20 October 2012
Kindly contact Mr. Alok Dalmia at 9324315591 (Mumbai).
he is a cost accountant an shall guide you.
Regards,
Advocate Rohit Dalmia
9324538481
Mumbai
deepali (Company Secretary) 20 October 2012
U can file return of previous year and this years simultaneously without penalty...uwont be charged with any penalty since ur return is non taxable...
R RAJAGOPALAN (ADVOCATE) 22 October 2012
If the Assessing Officer has issued you a notice requiring you to file any return, it has to be filed, whether or not the income is below the taxable minimum.
CA. Sanket (CS) 23 October 2012
You are not required to file a return if your income is below the exemption limit for the yaer.
Thanks
CA. Sanket Bhasin
+91-9810728396
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