banner_ad

Penalty limit

220 views 6 replies
User Avatar

9 Points Posted on 11 January 2021
i want to file itr (income is less than 250000) for AY 20-21. is my ITR is liable to pay penalty of ₹1000??
Reply Share Follow
On 11 January 2021 at 22:26 Report
Replies (6)
User Avatar

15 Points Posted on 11 January 2021
No any late fee less than 250000/-
Reply
On 11 January 2021 at 23:12
User Avatar

Tax consultant
5895 Points Posted on 12 January 2021
No penalty but file with in two three days will be better
57 Reply
On 12 January 2021 at 00:25
User Avatar

Accountant
4533 Points Posted on 12 January 2021
No penalty will levied it if gross total income is less than 2.5 lakh
19 Reply
On 12 January 2021 at 00:46
User Avatar

17264 Points Posted on 12 January 2021
No penalty if gross income below 250000/-. However if you are required to file return under a proviso in 139 , penalty is levied .
101 Reply
On 12 January 2021 at 10:09
User Avatar

Chartered Accountant
24588 Points Posted on 12 January 2021
No late fees will be imposed in your case
129 Reply
On 12 January 2021 at 18:22
User Avatar

Accountant
4533 Points Posted on 13 January 2021
No penalty if gross total income is below 2.5 lakh
19 Reply
On 13 January 2021 at 07:50


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details