ITR Late Fee

I have filed ITR with deduction and no Tax paid for FY 2018-19, within due date, but now I want to Revise said ITR and pay Tax, do I need to pay Late Fee of Rs. 1000 or not.
Replies (3)
Quick Summary
This discussion clarifies whether a late fee is applicable when revising an Income Tax Return (ITR) filed within the due date. The general consensus is that no late fee is payable on a revised return. However, some software might incorrectly display a Rs 1000 late fee. The solution involves correctly entering the original return details within the software to ensure the penalty is not applied.

No late fee payable on revised return.
Thank You Sir, But in winman software it shows Rs. 1000 late fee along with Interest.
In winman software,
Go to ITR tab>> ITR filing info
Select Return type as revised Return
enter date of filing original return
and ack No.of original return

than it will not show penalty

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register