If income is below taxable limit rs. 250000
or senior citizen income below rs. 3 lacs
return file after 31-07-2018 kya penalty lagegi
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PENALTY ON INCOME BELOW 250000
Replies (5)
No penalty if total income is below rs 250000/300000/500000 for other than senior citizens, senior citizens and super senior citizens respectively
If income 440000 - lic 150000 net income 240000
kya penalty lage gi
kya penalty lage gi
In this case 1000 (INR) penalty will attract ...
Yes, penalty of RS 1000. Please note that it is total income and not taxable income (without considering exempt income and chapter VI deduction).
What is your profession ? . Exact name of profession is required .
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