i want to file income tax return today
FY 2018-19 under 4 lacs any penalty provision
Menu
Late fees on IT return
Replies (3)
Rs. 1000 Late Fees payable
No penalty if income less than 250000/-
SEC 234 F ENUMERATES THE DERAILS OF LATE FEES FOR FILING RETURN
1.A FEE OF RS.5000 FOR FILING AFTER THE DUE DATE.
2. A FEE OF RS.10000 IN ANY OTHER CASE
3. IN CASE INCOME DOES NOT EXCEED THE MAXIMUM AMOUNT NOT CHARGEABLE TO TAX.
RS. 1000
WHEN DISCLOSURE IS ESSENTIAL.
1.A FEE OF RS.5000 FOR FILING AFTER THE DUE DATE.
2. A FEE OF RS.10000 IN ANY OTHER CASE
3. IN CASE INCOME DOES NOT EXCEED THE MAXIMUM AMOUNT NOT CHARGEABLE TO TAX.
RS. 1000
WHEN DISCLOSURE IS ESSENTIAL.
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
