Penalty on delay of filing return on time

Ramawatar Garodia , Last updated: 08 October 2018  
  Share

Sec.234F, introduced w.e.f. 01.04.2018 has been intorduced to levy a late fee of Rs,5000/- if a person fails to file Return as required u/s 139, within the time prescribed u/s 139(1) of I Tax Act, 1961. The late fee is (a) Rs.5000- if the delayed return is furnished before 31st December (b) Rs,1

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
Join CCI Pro

Published by

Ramawatar Garodia
()
Category Income Tax   Report

Other Articles  
Comment   Share
7 Likes   14437 Views
Comments

Related Articles


Loading


Popular Articles




CCI Pro

Trending Online Classes

view all classess

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category