i am filing the return for AY 19-20
shall I pay late fee since last date was 30 Sept 20
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Late fee for AY 19-20
Replies (3)
As per Section 234F (Late fee)
1. if Income below Exemption limit than late fee is ZERO
2. if income more than basic Exemption limit but total income less than 5,00,000 than late fee will be "Rs. 1000"
3. if total income more than 5,00,000 than late fee will be Rs. 5000 / 10,000 as the case may be
1. if Income below Exemption limit than late fee is ZERO
2. if income more than basic Exemption limit but total income less than 5,00,000 than late fee will be "Rs. 1000"
3. if total income more than 5,00,000 than late fee will be Rs. 5000 / 10,000 as the case may be
But the last date was extended. hence the return was deemed to be filed within due date
Last date to file belated return u/s 139(4) extended, which is 31st March, 2020 as originally.
(Not original date which is July, 2019) to file return u/s 139(1) of Income tax Act, 1961
(Not original date which is July, 2019) to file return u/s 139(1) of Income tax Act, 1961
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