234F late fee in assessment order

PARTNERS RETURN IN ITR 3 FIRM UNDER 44AB RS 5000

HOW CAN I DO SIR
Replies (5)
Make your query little more elaborate so as the experts may give you a detailed reply
SIR I FILLED RETURN FOR ASSESSMENT YEAR 2019-20 IN DUE TIME MY FIRM UNDER SECTION 44AB BUT AS PER ASSESSMENT ORDER DEPARTMENT DEMAND RS 5000 U/S 234F PLZ ADVISE ME SIR
No need to pay the late fee. Already CPC give order the same..
Many many thanks sir
@ Rajib
The income tax department has admitted its error of charging late fee under 234F while processing ITR of working partners of firms under audit.

The taxman has assured that it will rectify the error on its own and remove the late fee charge.

Note that this is only in respect of WORKING PARTNERS.

So don't worry only if you are a working partner. Then Ignore demand notice for 5000/-.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details