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Late fees u/s 234F

This query is : Resolved 

04 December 2021 Hello all.
Is late fee 234F levieble on filing belated return, even if aggregate income is below 5 Lacs.

Thanks
ASAP

04 December 2021 YES.
As per section 234F of Income Tax Act, if a person is required to an file Income Tax Return (ITR forms) as per the provisions the of Income Tax Law [section 139(1)] but does not file it within the prescribed time limit then late fees have to be deposited by him while filing his ITR form.



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