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income tax penalty
if I'm filing a nil return of basic limit ..which is 250000 ...thn will I be penalize of 1000. or there will be no late fee
Replies (6)
no late fee for below basic exemption limit even of it is filed after due date
u mean to say that...if I file the return of 240750 thn there will be no late fee nor any penalty.
nope it won't be
there is any notification of this.
read section 234F properly for that
I'm very thankful for your information
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