02 August 2022
I am unable to file my IT RETURN FOR 2021-22 FY. MY INCOME IS LESS THEN RS500000/ AFTER TAX REBATE I WON'T HAVE TO PAY ANY TAXES UNDER OLD REGIME.
WHAT PENALTY AND LATE FEES WILL I HAVE TO PAY? PLEASE ADVISE?
02 August 2022
Under section 234F of the IT Act, a late filing will be imposed on taxpayers after the due date, July 31, 2022, the fee payable will not exceed Rs 1,000 if the total income of the person is below Rs 5 lakhs.
CAclubindia
