Belated income tax return

is there any interest on taxes belated income tax return for senior citizens having income from house rent and interest income?
Replies (4)
Quick Summary
This discussion clarifies whether senior citizens are liable for interest and late fees on belated income tax returns. It confirms that interest under sections 234A/B/C and late fees are applicable, regardless of income sources like house rent or interest. The query also touches upon calculating gross total income after exemptions and deductions for individuals above 650,000/- or 550,000/-.

What is the gross total income after exemptions and deductions?
GP : Above 650000/- NP : Above 550000/-
Yes late fee and tax along with Interest would be applicable

Yes interest u/s 234A/B/C will be applicable along with late fees. 

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