Is section 234F applicable if we do e verification now ?
Replies (10)
Quick Summary
If you filed your Income Tax Return (ITR) on 31st July but haven't verified it yet, you can still e-verify it. Section 234F, which imposes a late filing fee, is not applicable as the return was filed on time. You have until 30th August 2023 to e-verify your return or send the acknowledgement to the CPC without incurring any late fees or receiving notices under section 143(1).
Section 234(F) is not applicable in this case. You can E- verify at any time within one month the date of E- filing of your return or send the acknowledgement to the processing centre of IT wing.