Late filling of Revised Income Tax Return
Ghanshyam Lohar (ACCOUNTANT) (60 Points)
31 May 2021
Is any penalty on late filling (after due date) of Revise Income Tax return ?
4 Replies
manpreet ahuja
(partner)
(8 Points)
Replied 31 May 2021
ALTHOUGH THERE IS NO PENALTY BUT REVISED RETURN FILED AFTER DUE DATE WILL NOT BECONSIDERED FOR REFUND OR ADJUSTMENT.
HOWEVER RECTIFICATION CAN BE FILED TO PROVE YOUR POINT
Sivaramaraju G
(Learner)
(2398 Points)
Replied 31 May 2021
There will be penalty for late filing
but there will be no penalty for revision of ITR.
You can do revision of ITR any times with out any fees.
but there will be no penalty for revision of ITR.
You can do revision of ITR any times with out any fees.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 31 May 2021
No late fee will be applicable on revised return
Ghanshyam Lohar
(ACCOUNTANT)
(60 Points)
Replied 31 May 2021
Thanks Sir,
Kindly explain/ define the word " Adjustment" ?
Recent Topics
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
- Need your valueble insight.
- 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
Related Threads
CAclubindia
