Return filed within time.It was further revised u/s 139(5).
Department has now charged Rs 10000/-u/s 234F.
Is it correct?
21 Replies
Vivekanand Kushwaha
(Chartered Accountant)
(136 Points)
Replied 06 April 2021
No, just file for rectification...your demand will be abolished
Kapadia Pravin
(17259 Points)
Replied 06 April 2021
Did you everify your first return ? if not then late fee is right
Umesh Chandra Prasad
(Others)
(135 Points)
Replied 06 April 2021
It was everified and was made deffective
u/s 139(9). Before passing the order I revised U/S 139(5).
u/s 139(9). Before passing the order I revised U/S 139(5).
Kapadia Pravin
(17259 Points)
Replied 06 April 2021
Defective return means no return filed. So revised return will be considered original return and penalty charged rightly
Kapadia Pravin
(17259 Points)
Replied 06 April 2021
Defective return means no return filed. So revised return will be considered original return and penalty charged rightly
Vivekanand Kushwaha
(Chartered Accountant)
(136 Points)
Replied 07 April 2021
Defective return should be rectified within time limit mention in return..if not then it will be treated as "no return file". If seems you have filed late return i.e after due date mentioned in defective return. Therefore, late fees applied .
CA Chirag J Nakrani
(C J NAKRANI & ASSOCIATES)
(25 Points)
Replied 07 April 2021
No. penalty can't charge if it is revised later on.
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
