Menu
Late Return filled penalty
If an assessee has to pay penalty if he has to fill nill return??
Replies (7)
May I know that to which return are you refering to ?
I filled nill return in form ITR 1
there is no penalty for nil returns
I think no penalty for nil returns
If your Income is below 250000 , There is no late fee
under section 234F there will be panelty if your income below 5 lakh is 1000 and above 5 lakh panelty is 5000
Recent Threads
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
Related Threads
CAclubindia
