while filing tax i came to see that i have to pay another amount of Rs 1, what to do in this situation..? shall i pay the amount myself or simply e - file the tax...????
If a person is serving in a private company and has tax liability on short term capital gain from transaction of share .which ITR form will be suitable for filling?
Re: ITR
by Mahesh Naik on Jun 28, 2012 02:34 PM
If your income is not taxable then no issues. However, if it is taxable then a fine of Rs. 5000 and/or imprisonment penalty @ 1% p.m. on tax to be paid