Late fee calculation

CA Naveen Chand (Chartered Accountant) (12729 Points)

03 June 2019  

Please evaluate and ensure the below calculation is correct & complete :

Late Fee          
Month  Due Date Today Days Late Fee rs 40 per day, taxpayer have nil returns subject to rs 5,000 max. Amt.
Nov-18 20/12/2018 03/06/2019 165                                                                  40           5,000
Dec-18 20/01/2019 03/06/2019 134                                                                  40           5,000
Jan-19 22/02/2019 03/06/2019 101                                                                  40           4,040
Feb-19 20/03/2019 03/06/2019 75                                                                  40           3,000
Mar-19 23/04/2019 03/06/2019 41                                                                  40           1,640
Apr-19 20/05/2019 03/06/2019 14                                                                  40              560
Total (Rs.)        19,240