I tax late fee
mdhussain 2603 (113 Points)
31 August 2018mdhussain 2603 (113 Points)
31 August 2018
CA Shanky garg
(Practicing Chartered Accountant)
(217 Points)
Replied 31 August 2018
Yes . Income Tax Return Fees (Penalty) of Rs. 1000 will be applicable in your case.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 31 August 2018
Originally posted by : mdhussain 2603 | ||
if any person file return after 31aug2018.....and income less than 250000 ....then any late fee is liable......and also claim refund |
If GTI is less than BEL then penalty not levied...
*** Total Income means before all deductions then only. It means such income not liable u/s 139(1) of IT Act...
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 31 August 2018
CA Shanky garg
(Practicing Chartered Accountant)
(217 Points)
Replied 01 September 2018
No Notification has been issued and there is no Extension of due date.