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Late Fees for nill return

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I want to submit nill return FY. 18-19
in the month of November 2020
Any late fees applicable??
Replies (5)
1000rs

If below 2.5 lakh then no late fee
if above then late fees of 1000 with interest till that day

 

No where in the act it's said that late fees is applicable only if there's tax liability Ms. ayusmita. in my opinion late fees of 1000 is applicable

Sorry sir I retify my mistake

I mean below and above but written tax liability

My mind in in late fee yesterday so

Sorry again sir

Late fees are not applicable for nil return or below tax level people means 2.5 lakhs se below 

If Taxable Income upto 2.5 Lac - Late Fees will not be applicable


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