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This query is : Open
26 October 2018
A PERSON WAS FILING RETURN OF INCOME FOR F.Y 2017-18 IN 16.07.18........BUT HE WAS LESS FAMILIAR WITH INCOME TAX SITE........SO HE THOUGHT AFTER SEEING THE PREVEIW VERSION THAT HIS RETURN IS FILED.....
BUT TODAY HE BECAME TO KNOW THAT HIS RETURN WAS NOT SUBMITTED.....SO WOULD HE BE LIABLE FOR 5000 PENALTY ......OR IS THERE ANY OTHER OPTION ????/
BUT TODAY HE BECAME TO KNOW THAT HIS RETURN WAS NOT SUBMITTED.....SO WOULD HE BE LIABLE FOR 5000 PENALTY ......OR IS THERE ANY OTHER OPTION ????/
26 October 2018
Yes, he would be liable for Penalty u/s 234F of Rs. 1,000 or Rs. 5,000 as the case may be.
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