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Late Fee u/s 234F

445 views 12 replies

Jagdish Koshti

Studant

2 Points Joined November 2016

I am filing income tax return for the FY 2018-19 and my income is below taxable limit so whether late fee shall be leviable or not??

Replies (12)

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

Can You elaborate with more details....?

Below Taxable limit means Your all incomes before deductions (CHA VI-A)...?

Kapadia Pravin

17264 Points Joined December 2018

For late fee purpose, you have to consider total income before chapter VIA deductions .

If such total income is in excess of 250000/- then you have to pay late fee under 234F

ASHU

ACOUNTANT

68 Points Joined September 2019

I HAVE AN SAME QUERY RELATED WITH LATE FEE OF INCOME TAX

IF WE FILE INCOME TAX RETURN AFTER DUE DATE AND NOT PAID THE LATE FEE IN (OFFLINE FILING MODE)

WHAT WE DO THE NEXT.

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

WHAT WE DO THE NEXT...?

After receiving notice from IT dept. Better to pay at the time of filling ITR...

Alapati Tejaravi

30 Points Joined November 2019

Bro how are you filing previous year itr if can please tell me process of filling

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

@ Mr Alapati.,

What is Your query...?
Ask with clearly...!

Alapati Tejaravi

30 Points Joined November 2019

My query filing of previous assessment year ITR is not possible normally but how u can file the return ? and if you can file tell me the process of filing

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

Once again Your query is not cleared Mr Alapati...!

Previous Year means which Year/s...?

Is the year asked by You as Financial Year or Assessment Year...?

Ask clearly...