Late filing of itr

18 October 2018

How much penalty for late filing of itr if gross total income is less than 5000

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8 Replies

RAJA P M ("Do the Right Thing...!!!") (128047 Points)
Replied 19 October 2018

Please explain Yourself for the said "GTI"...

rahul (a) (1620 Points)
Replied 19 October 2018

for nil return penalty is 1000

RAJA P M ("Do the Right Thing...!!!") (128047 Points)
Replied 19 October 2018

(for nil return penalty is 1000) where is this rule @ Rahul?

Sanyam Gupta (63 Points)
Replied 19 October 2018

GTI is 450000 and TI is 350000 and a salaried employee

RAJA P M ("Do the Right Thing...!!!") (128047 Points)
Replied 19 October 2018

Yes... You can file with Rs 1000 u/s 234F...

The said sec based on GTI not on "Nil return or Taxable Return".

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Sanyam Gupta (63 Points)
Replied 19 October 2018

Is there any way to avoid such penalty

Sanyam Gupta (63 Points)
Replied 19 October 2018

Is there any way to avoid such penalty

S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 20 October 2018

Originally posted by : Sanyam Gupta
	Is there any way to avoid such penalty

No...

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