Yet to file your Income Tax Return for the Financial Year 2009-10 ? Hurry, file it within 31st March 2012. That is the last date for filing the return for A.Y. 2011-12. You would not have to be penalized by the Income Tax Dept. for non filing or return. If there is no tax due from you, the department will not charge any interest for late filing of return u/s 234A.
Mostly the salaried people get their tax deducted by the employer by means of TDS and they submit a statement to their D.D.O. in this respect. But till then he has a liability to file the return of Income if has a total income more than the threshold limit which is not chargeable to tax.
The liability of filing return is though going to be dispensed with fore the salaried class but the guideline is yet to be framed by CBDT. It may be mentioned that it will be applicable for the F.Y. 2012-13 only as proposed in the budget. Till then even the salaried persons will have to file their return of income.
If you want to avoid the last minute rush at the Income Tax offices, you can easily file your return ONLINE. Please visit the earlier post in this regard for easy steps of efiling without approaching the Income Tax office.
So hurry, time is ticking away……remember the deadline…31st March 2011.
1 comment:
Hi friends,
Always try to remember the deadline, 31st March for your tax payment, it is most important for everyone. ETFs hold a strong tax advantage over mutual funds. Thanks a lot.
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