i want to file income tax return today
FY 2018-19 under 4 lacs any penalty provision
3 Replies
Mohammed Fahad
(Become CA)
(76 Points)
Replied 28 October 2020
No penalty if income less than 250000/-
sabyasachi mukherjee
(27579 Points)
Replied 28 October 2020
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 Topics
- Softex For freelancer ?
- GST ON REIUMBURSEMENT ENTRY ON GST PORTAL
- Missing invoice in gst
- GST on consultancy
- Linking adhaar to UAN without employer
- WHETHER ITC REVERSAL TH. GSTR 3B OR DRC03
- Advance Tax For Freelancers
- Is fvu 8.8 version available ?
- Interest and penalty on advance tax shortfall
- Joint Account with 3 legal heirs.......
Related Threads
CAclubindia
