Penalty of rs 5000


This query is : Resolved 

(Querist)
30 March 2017 Dear Sir,

I wanted to know will the late filing penalty of Rs 5000 be raised if I file return for A.Y. 2016-17 after 31st March, 2017

30 March 2017 It will be 5000 only. New provision (for penalty 10000) will apply for AY 2017-18


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