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Late fee 234F

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47 Points Posted on 02 April 2021
Original ITR filed on 8th Jan 2021
Pending for verification

Revised ITR filed on 20th Jan 2021
& verified

Now ITR processed with late fee demand of 10000 u/s 234F

Is demand correct ?
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On 02 April 2021 at 12:39 Report
Replies (6)
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Practice
3235 Points Posted on 02 April 2021
Yes since Original ITR was not e verified which means not submitted thus it is invalid.
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On 02 April 2021 at 13:11
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17264 Points Posted on 02 April 2021
Without everification, return is invalid and not considered. You can still verify
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On 02 April 2021 at 14:24
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CMA
13117 Points Posted on 02 April 2021
Don't we have 120 days to verify the return? If return is revised before that, interest u/s 234B and 234C can be levied, if applicable. But can late fee be levied in such case? I mean revised return is filed based on original return right? Correct me if my understanding is wrong.
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On 02 April 2021 at 15:33
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17264 Points Posted on 02 April 2021

You should have verified original return first one. Now you may try. If possible then verify.

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On 02 April 2021 at 17:31
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FInance Professional
17 Points Posted on 03 April 2021
No, U hve to file itr u/s 139(5) revised and put acknowledgment no and original date of rerurn filed so no late will be leviable
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On 03 April 2021 at 00:15
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SE
49 Points Posted on 03 April 2021

same thing happens with me ...

original not verified at first :

Revised Verified . and then after some day verified Original also.

but they process Revised as original and deduct 10000 under 234F

is there anything i can do ??

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On 03 April 2021 at 11:59


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