Late fee structure

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21 Points Posted on 15 January 2021
return late filling penalty ??
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On 15 January 2021 at 13:57 Report
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This discussion clarifies the late filing penalty structure. If your total income is below £500,000, the penalty is £1,000. However, if your income exceeds this threshold, the penalty increases to £10,000. Individuals whose income falls below the exemption limit will not incur any late fee.

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Chartered Accountant
16188 Points Posted on 15 January 2021
10000 rupees
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On 15 January 2021 at 14:29
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10683 Points Posted on 15 January 2021
After December 10000/-
But income below 5 lakhs then 1000 only
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On 15 January 2021 at 15:18
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Accountant
1331 Points Posted on 15 January 2021
If you are total income is below 500000 it will be 1000 otherwise penalty will be 10,000
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On 15 January 2021 at 22:06
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22 Points Posted on 16 January 2021
Your income is below exemption limit no late fee will levied. total income between 250000 to 500000 late will be 1000 .more than 5L LATE FEE: 10000
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On 16 January 2021 at 11:43

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