30th Sep 08 |||i am a business man and my turnover is above 40lakes. |||How can you have an income of 40 Lakes? Is it 40 Lakhs?
March 31 st is the last day by which you have to submit your tax returns.|||Last date of submitting the income tax is 30th sepember 2008.before this date you can submit your income tax.
|||last day of sept. 2008|||September 30.
for more info on dates, read http://mytaxes.in/index.php?topic=51.0|||Your last date for filing of Return will be the end of this month.
However you can file it between 1st October 2008 to 31st March 2008 attracting penalty u/s.271B @ half percent of your turnover upto a maximum of Rs.1 lakh, besides attracting penal interest u/s.234A/B/C.
You can file it after 31st March 08 till 31st March 2009, attracting a further penalty u/s.271F in addition to the penalties, interests mentioned earlier. |||Last date is Sep 30th 2008 but it may extend to Oct 31st, Not sure about it. Better File it before Sep 30 th 2008 to avoid Interest U/s. 234A and Penalty
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