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Income tax

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(Querist)
03 July 2018 If Net Total Income is below exemption limit i.e, below 150000/- ,
whether penalty for belated return will apply.
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CA Ankit R Momaya

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CA Ankit R Momaya (Expert)
03 July 2018 Yes, penalty u/s 234F will be levied.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
03 July 2018 Rs. 1,000/- has to pay.
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