I have filed my E-IT return but i failed to submit the copy to the IT dept. will i have 2 pay any penalty?

Question

I leave in Mumbai (India)

Answer 1

I guess you'll hav to submit the return again. Contact the P.R.O. , or contact

[e-mail]

Answer 2

Filing Verification of the Return Form ITR-V

In you do not sign return digitally, you will still need to submit the form ITR-V. You will get pdf of this form in your email. Print two copies of this form, sign it and submit it to the income tax office of jurisdiction. The receiving official shall return one copy after affixing the stamp and seal. The Form 1TR-V must be furnished within 15 days of transmitting the data electronically. If ITR-V is furnished within 15 days, the date of filing of the return will be the date of transmitting the data electronically.  In case ITR-V is furnished late, the date of furnishing of ITR-V will be considered the date of filing of tax return. If ITR-V is not furnished, it will be deemed that no return has been furnished.

Section 234A. Interest for Late Filing of Return of Income

Where the return of income is furnished after the due date, or is not furnished, the assessee shall be liable to pay simple interest at the rate of 1 % for every month or part of a month on the amount of the tax due as per the return.

Penalty for failure to furnish return of income.

Section 271F. If a person who is required to furnish a return of his income, as required under sub-section (1) of section 139 or by the provisos to that sub-section, fails to furnish such return before the end of the relevant assessment year, the Assessing Officer may direct that such person shall pay, by way of penalty, a sum of Rs. 5000/-.

Answer 3

Your return is not considered filed till you deposit ITR-V. Also if you file ITR-V within 15 days, then the date of filing of your return is date you e-filed your return. If you deposit ITR-V after 15 days, the date of submitting of the return is date of submitting of ITR-V.

Read http://mytaxes.in/index.php?topic=88.0

Answer 4

if you filled your E-IT return with digital sign,than no need to worry.Otherwise,the time limit is 15 days (From the date of E-Return file) for submit the copy of  E-Ret. to the IT dept.    

Answer 5

i think there are still 2 days left try...or write to the website thru which u filed ur return...