|
Period of Delay |
Penalty/late fee before finance bill 2011 |
Penalty/late fee After finance bill 2011 |
|
for delay up to 15 days |
INR 500 |
INR 500 |
|
for delay beyond 15 days but up to 30 days |
INR 1,000 |
INR 1,000 |
|
for delay beyond 30 days |
INR 1,000 + INR 100 per day (from 31st daysubject to a maximum amount of Rs 2000. |
INR 1,000 + INR 100 per day (from 31st daysubject to a maximum amount of Rs 20000. |
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