Is there any penalty for late filing of nil income tax return for an individual for AY 2018-19?
Menu
Nil personal ITR
Replies (6)
Yes, minimum Rs. 1000/-
As per rules, no late filling fees; but IT software calculates that.
but sir without fees return will not be accepted
minimum late filing fee Rs.1000/-
For aggregate income below 2.50L there should not be any late fees.
for nil return there is no penalty...
Recent Threads
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
Related Threads
CAclubindia
