Balaji Subbu (SAP FICO) (220 Points)
01 July 2021Hello Professional Friends
Good Evening
(1) Can a Info Tech Co Employee file his income tax return now in July 2021 for FY 2019-2020? (AY 2020-2021) (he missed his due dates)
(2) Rs10,000 is it true for salary more than Rs5LPA?
(3) Can he REQUEST GOI to waive penalty?
(3) If not, what are the different ways to pay penalty online?
Adv Thanks
Balaji Subbu
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 01 July 2021
As the last date is already, the he will have to apply for condonation of delay. If delay is condoned, ITR can be filed.
Late fee of 10k is required to be paid at the time of filing of ITR.
Balaji Subbu
(SAP FICO)
(220 Points)
Replied 02 July 2021
Hi CMA Poornima Madhava
Thank you for answering my doubt
Will I pay Rs10K through Govt IT web site or through any other ways?
Pls clarify... Adv Thanks
Regards
Balaji Subbu
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 02 July 2021
CAclubindia
