banner_ad

Nil ITR file A. Y 18-19

Others 573 views 8 replies
Dear sir please tell me if I have File Nil ITR of an Individual person then we have pay Penalty of Rs 1000
Please Suggest me
Replies (8)

No need.we need not to pay penalty under sec 234f if you r not liable to file your returns that is income less than 2.5 lakhs and No TDS

Hello sir, If a partner in a firm drawing salary then his due date is 31st September n this year they extended till 31st October 2018 then what is the due date? In my office na 2 partners didn’t file their returns now they are gave details to us n iam article assistant
31st october will be the due date
Dear Vinod Ji,
If you file nil return for the A.Y.18-19, and then revise your return then there is no penalty.
Thnk u
The Firm is under Tax Audit then due date is 31st October 2018. Also the Partner can be file his ITR on or before 31st October 18...

but, the firm not under tax audit then the due date is 31st August 18. Also the same to Partners...

Regarding Filing NIL IT Return and Penalty U/s 234F.

Penalty is triggered only when you are liable to file ITR but not filed within due date. So, while filing NIL return you are not liable to file ITR anyhow. So the penalty will not trigger.

 

Thank You

CA.Shambhuling Patil

M: 7411517975

No need for paying fee u/s 234F.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details