Whether, Section 234F is applicable on revised return filed after due date?( Original return has been filed within due date)
No.
| Originally posted by : RAJA P M | ||
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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 !!! |
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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?
Whether original return was verified?
No.Original return is not verified
| Originally posted by : vijay vj | ||
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No.Original return is not verified | ![]() |
So, the revised return is treated as original, and hence late fees are liable...
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?
| Originally posted by : Dhirajlal Rambhia | ||
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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 !!! |
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Congratulations RAJA Sir.
Keep it up and Continue Your participating in CCI
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