What is the penalty for not filing ITR if an individual does not file ITR if his/her taxable income if more than Rd. 2.5 lakhs in the financial year? Please reply in details.
Abhishek M (not) (68 Points)
02 March 2020What is the penalty for not filing ITR if an individual does not file ITR if his/her taxable income if more than Rd. 2.5 lakhs in the financial year? Please reply in details.
Kapadia Pravin
(17259 Points)
Replied 02 March 2020
rama krishnan
(12234 Points)
Replied 03 March 2020
Eswar Reddy S
(CFO- at NHTF)
(58265 Points)
Replied 03 March 2020
Abhishek M
(not)
(68 Points)
Replied 03 March 2020
What does ----Under-reported income is in consequence of any misreporting thereof --- means when the section 270A is explained?
Can you please cite some examples to explain what Under-reported income is in consequence of any misreporting thereof it means?
Eswar Reddy S
(CFO- at NHTF)
(58265 Points)
Replied 03 March 2020
Kapadia Pravin
(17259 Points)
Replied 03 March 2020
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