Late fee for filing NIL incom tax return whether can be cancelled

This query is : Resolved 

26 August 2024 One of the assessee working with semi govt department who has been issued form 16 late i.e.; after 31st July, 2024. On receipt of form 16, assessee individual has filed his return of income for A Y 2024-25 after 31st July, 2024 having no tax liability. But while uploading this return, late fee of Rs. 5,000/- is charged. The return is filed with late fees payable. On processing return u/s 143(1), the demand of Rs, 5,000/- is raised. Whether, this demand needs to be paid or can be cancelled subsquently. Pleaes advise.

26 August 2024 it needs to be paid.



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