Menu
Penalty/interest for late filing of income tax return
If the income of an individual is less than basic limit but she wants to file a return - Is there any penalty/interest /fees for such belated return for the AY-17-18
Replies (2)
Generally not levied.......... though provision of Rs. 5000/- (for belated return) is there.
No there is no penalty
Recent Threads
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
Related Threads
CAclubindia
