Whether, Section 234F is applicable on revised return filed after due date?( Original return has been filed within due date)
17 Replies
Kapadia Pravin
(17264 Points)
Replied 02 November 2019
234F is not applicable on revised return. Don't worry Mr. Vijay
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 02 November 2019
Welcome My Dear Mr Dhirajlal Rambhia Sir...
After a long time I see You...
Please come and Participate here regularly or periodically without leave...🙏🙏🙏🙏🙏
After a long time I see You...
Please come and Participate here regularly or periodically without leave...🙏🙏🙏🙏🙏
Rijo John
(audit manager)
(447 Points)
Replied 02 November 2019
234F only applicable to original return
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193931 Points)
Replied 02 November 2019
| Originally posted by : RAJA P M | ||
 |
After a long time I see You..Please come and Participate here regularly or periodically without leave...🙏🙏🙏 Thank you..... I sometimes try to attend, if I see any unattended query. Otherwise it is looked after quite well by you people. Well, CONGRATULATIONS FOR CROSSING 1 LAKH POINTS.... ONLY THIRD CCI MEMBER TO CROSS IN LAST 25 YEARS !!! |
 |
vijay vj
(13 Points)
Replied 02 November 2019
Thank you.
But recently one of my client has received a Demand Notice to pay Rs. 5000( As his Income is greater than Rs. 5 Lakhs)(Rs. 5000 is Fee u/s 234F)
Original return has been filed on 31/08/2019 and later on revised on 08/09/2019.
As on revised return 234F is not applicable. Can you please clarify, why he has received Demand Notice of Rs. 5000?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193931 Points)
Replied 02 November 2019
Whether original return was verified?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193931 Points)
Replied 02 November 2019
| Originally posted by : vijay vj | ||
|
No.Original return is not verified | |
So, the revised return is treated as original, and hence late fees are liable...
Rijo John
(audit manager)
(447 Points)
Replied 02 November 2019
Sir, if the original verify now, any chance to avoid late fee
vijay vj
(13 Points)
Replied 02 November 2019
Sir,
(a) Whether Original return has to be e verifed before due date i.e., 31/08/2019 or before date of completion of processing?
(b) What if I e verify the Original return now and submit a rectification request to reprocess the return?
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 02 November 2019
Thank You for the Wishing My Dear Mr Dhirajlal Rambhia Sir... Always it's Your blessings...
Thanks For Your Support...
Also thanks for improving my knowledge with You in CCI...
🙏🙏🙏🙏🙏
Thanks For Your Support...
Also thanks for improving my knowledge with You in CCI...
🙏🙏🙏🙏🙏
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 04 November 2019
| Originally posted by : Dhirajlal Rambhia | ||
|
Originally posted by : RAJA P M After a long time I see You..Please come and Participate here regularly or periodically without leave...🙏🙏🙏 Thank you..... I sometimes try to attend, if I see any unattended query. Otherwise it is looked after quite well by you people. Well, CONGRATULATIONS FOR CROSSING 1 LAKH POINTS.... ONLY THIRD CCI MEMBER TO CROSS IN LAST 25 YEARS !!! |
|
Congratulations RAJA Sir.
Keep it up and Continue Your participating in CCI
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