Itr not filed

ITR 181 views 3 replies

salaried Income upto 6 lakhs. ITR not filed for AY2018-19. If filed today then what type of penalty imposed by IT dept. 

Is there any way to wave the penalties and file ITR 1 TODAY. 

RITESH GUPTA 

9897265414

riteshomkargupta @ gmail.com

Replies (3)
*Rs 5000 penalty levied u/s 234F as per Your above said income value...

*No... It's not waive.

Fees for default in furnishing return of income, u/s. 234F........

Rs. 5,000/-   if the return is furnished on or before the 31st day of December of the assessment year....  (but in case total income below 5 lakhs, the fees reduces to Rs. 1,000/-)

 

though the late fee is 5000 but limited to 1000 for person having total income below 5 lakhs...


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