25 October 2019
Sir our company had field taxaudit yesterday.but stiil pending co.directors individual ITR filing.so Question is shall we penalise for late filing of ITR.pl give us reply for that. Thx for guidance.
25 October 2019
Yes, you have to pay Late Filing Fee in Case of Director ITR. It is Rs.1000/- if Taxable Income Is below Rs.5 Lakh otherwise Rs.5000/- till 31/12/2019 after which it raised to Rs.10000/-. If your query is still not resolved, feel free to call us at -9911303737