if I am having income under 500000 ,
for eg: Income :280000
Tax :0
in this case if I file my income tax return on 10/09/2018 is an penalty applicable on me.
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Penalty
Replies (2)
If your Total Income is below 250000 then there will not be any penalty under section 234F
| Originally posted by : Vaibhav Patidar | ||
 |
if I am having income under 500000 ,for eg: Income :280000 Tax :0in this case if I file my income tax return on 10/09/2018 is an penalty applicable on me. |  |
Yes... The Late Fee (Penalty) of Rs. 1000* as per sec 234F is levied in Your above said Incomes Value...
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