banner_ad

Late fees on IT return

247 views 3 replies
User Avatar

177 Points Posted on 27 October 2020
i want to file income tax return today
FY 2018-19 under 4 lacs any penalty provision
Reply Share Follow
On 27 October 2020 at 23:17 Report
Replies (3)
User Avatar

Accountant
3662 Points Posted on 27 October 2020
Rs. 1000 Late Fees payable
9 Reply
On 27 October 2020 at 23:30
User Avatar

Become CA
76 Points Posted on 28 October 2020
No penalty if income less than 250000/-
Reply
On 28 October 2020 at 00:29
User Avatar

Profession Business
28207 Points Posted on 28 October 2020
SEC 234 F ENUMERATES THE DERAILS OF LATE FEES FOR FILING RETURN

1.A FEE OF RS.5000 FOR FILING AFTER THE DUE DATE.
2. A FEE OF RS.10000 IN ANY OTHER CASE
3. IN CASE INCOME DOES NOT EXCEED THE MAXIMUM AMOUNT NOT CHARGEABLE TO TAX.
RS. 1000
WHEN DISCLOSURE IS ESSENTIAL.
44 Reply
On 28 October 2020 at 09:24


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details