Fine for late filing of ROI for a.y. 202122 beyond 31.7.2021


This query is : Resolved 

Quick Summary
This discussion clarifies the fine for late filing of Returns of Income (ROI) for the assessment year 2021-22. While the general filing deadline was extended to 31st December 2021, a Rs. 5000 fine applies for filings beyond 31st July 2021. However, this fine is waived for filings made up to 30th September 2021. The penalty is also not applicable to Non-Resident Indians (NRIs) until 30th September.

10 August 2021 Even thouh the dates for filing of Returns have been extended upto 31.12.2021, does one has to pay fine of Rs.5000/ for delayed filing i.e. beyond 31.7.2021?

Request response with relevant provisions.

10 August 2021 Time is extended upto 30th September only. Upto this date no need to pay fine of 5000.

10 August 2021 Thank You! However is the fine applicable for NRI?

10 August 2021 No, not applicable till 30th September.

10 August 2021 Thank You for prompt response!


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