penalty for nil return
akshay awari (awari) (33 Points)
04 September 2019
whether penalty will be required even if IT Return of AY 19 20 is nil?
2 Replies
Kapadia Pravin
(17259 Points)
Replied 04 September 2019
No penalty for Nil return
Provided income doesn't exceed 2.50 lakhs ( before taking 80C 80D etc deductions).
Provided income doesn't exceed 2.50 lakhs ( before taking 80C 80D etc deductions).
Recent Topics
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
- Rectification to decrease income in SCHEDULE OS
- Can Statutory Auditor of a subsidiary become concu
Related Threads
CAclubindia
