i want to file income tax return today
FY 2018-19 under 4 lacs any penalty provision
3 Replies
Mohammed Fahad
(Become CA)
(76 Points)
Replied 28 October 2020
No penalty if income less than 250000/-
sabyasachi mukherjee
(27849 Points)
Replied 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.
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.
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