salaried Income upto 6 lakhs. ITR not filed for AY2018-19. If filed today then what type of penalty imposed by IT dept.
Is there any way to wave the penalties and file ITR 1 TODAY.
RITESH GUPTA
9897265414
riteshomkargupta @ gmail.com
3 Replies
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 09 September 2018
*Rs 5000 penalty levied u/s 234F as per Your above said income value...
*No... It's not waive.
*No... It's not waive.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182812 Points)
Replied 09 September 2018
Fees for default in furnishing return of income, u/s. 234F........
Rs. 5,000/- if the return is furnished on or before the 31st day of December of the assessment year.... (but in case total income below 5 lakhs, the fees reduces to Rs. 1,000/-)
Krishna Kamal
(4 Points)
Replied 09 September 2018
though the late fee is 5000 but limited to 1000 for person having total income below 5 lakhs...
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