itr filed without penalty
vishu (accountant) (224 Points)
04 September 2018
Kya ab bhi itr bhari ja skti h bina late fees ke. Income 240000.
4 Replies
Ashish Khillan
(Gaining knowledge)
(1039 Points)
Replied 04 September 2018
penalty is only, if gross income above 250000
aman
(a)
(53 Points)
Replied 04 September 2018
under which section it is written that..penality is apply only if gross buss income is more than 2.5 lacs
Ashish Khillan
(Gaining knowledge)
(1039 Points)
Replied 04 September 2018
There will be no late filing fees to be levied as mentioned under section 234F of the income tax return filed after the deadline if the gross total income does not exceed the basic exemption limit,"
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