Menu
Penalty limit
i want to file itr (income is less than 250000) for AY 20-21. is my ITR is liable to pay penalty of ₹1000??
Replies (6)
Quick Summary
No any late fee less than 250000/-
No penalty but file with in two three days will be better
No penalty will levied it if gross total income is less than 2.5 lakh
No penalty if gross income below 250000/-. However if you are required to file return under a proviso in 139 , penalty is levied .
No late fees will be imposed in your case
No penalty if gross total income is below 2.5 lakh
Recent Topics :
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
- CA opted for Form 10IEA mistakenly - Demand raised
- Query on scenario related to FAST DS 2026
- Audit Executive (Remote, India) - Ace Auditing Off
- GST Transaction On Used Clothing
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
Related Topics :
ARTICLESHIP
07 September 2026
CA Articles
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
