Late Fee for Revised Return- Income Tax

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Orginal return was filed within due date income above 2.95lkh after deduction, later on revised to 3.3lkh after deduction.

now the department levied penalty for 1000 for the said return.

1. Is the penalty levied is correct?
2. Can we withdraw the revised return?
3 Is there any option by which we avoid such late fee?
Replies (8)
Late Fee not applicable for Revised ITR if Original ITR filed on or before due date... So,

1. Not correct.
2. No need.
3. disagree the demand & rectification
Abhishek
pls note the following points:
1. if return filed within due date no imposition of penalty
2. try to find out if there are any errors on your part in the original return.
if there is any problem send a mail at sabyasachimukherjee7098 @ gmail.com.
@ Abhishek
1. Late fee not applicable for Revised ITR
But look into and clarify -
a. Have you eVerified original return ? If yes then when
b. Have you provided ITR acknowledgement Number and Date of filing Original ITR in your Revised Return
c. Under which section revised return you selected for filing

2. There is no withdrawal system for ITR
IF it's not eVerified in 4 months post ITR filing then Return is not considered and discarded as it has never been filed by assessee.

3. Late fee is auto populated for original return (being filed beyond due date) and no option that anyone can play with. It's mandatory levy.
Sometime Late fee is levied for revised return when there is difference in ITR Form filed within due date and revised return Form
No... Late Fee not levied in revised ITR also if changed the ITR Form...
I have received few notice last year for few of my asssesse for changing the ITR Form in revised return. However to pay or not to pay is a matter of dispute.
Yeah... The all are dept issued wrongly...

No late fee can be levied if the original return was filed within the due date. 

1. The penalty levied is incorrect.

2. One a return is filed and e-verified within 120 days then the same cannot be withdrawn.

3. Disagree with the demand processed and file for rectification of intimation.  

 


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