Late Tax Payment Query

ITR Filing 410 views 5 replies

Varun

Marketing

12 Points Posted on 31 December 2019

I filed my taxes using Cleartrip back on August 31. Unfortunately, by the time Cleartrip used its algorithm, it had become past midnight - 1 September.

I am yet to e-verify this return. If I do, should I pay the late payment penalty of Rs. 5000? If yes, how do I make this payment?

Thanks in advance for your reply.

Regards,

Varun

Replies (5)

CA Sunil Kumar

Chartered Accountant

4524 Points Posted on 31 December 2019

No any kind of penalties or fee applicable if itr uploaded on 31st aug 2019 and only e verification pending, just e verify return with appropriate reason of delay.

Since it is uploaded, you should have e-verfied ITR. You had time to eVerify upto 120 days which is just over now.

I think you should take a chance to eVerify now. If it goes through, it is well and good.

AshleyTr

40 Points Posted on 01 January 2020

I think you should verify and contact the assessment office if you really have a payment for this. Ask for reconsideration if you can. But just in case that you really have to pay the penalties. Maybe you could also ask the how its actually done.

Varun

Marketing

12 Points Posted on 09 January 2020

Thank you for your replies.

1. I hadn't verified the original return, but proceeded to file and verify a Revised return on the 31st.

2. On the 2nd of Jan, after 120 days had passed since I filed the original return, I verified it just in case - and was asked to provide a reason why I hadn't verified it earlier.

Was Step #2 even necessary? Was just filing and verifying a revised return (along with fine payment) enough for the year?

Manoj gangwar

10 Points Posted on 15 January 2020

Since it is uploaded, you should have e-verfied ITR. You had time to eVerify upto 120 days which is just over now. I think you should take a chance to eVerify now. If it goes through, it is well and good.