Is there any penalty for late filing of nil income tax return for an individual for AY 2018-19?
Is there any penalty for late filing of nil income tax return for an individual for AY 2018-19?
Yes, minimum Rs. 1000/-
As per rules, no late filling fees; but IT software calculates that.
but sir without fees return will not be accepted
minimum late filing fee Rs.1000/-
For aggregate income below 2.50L there should not be any late fees.
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