there was news that govt shall refund the penalty paid dur to late file of monthly return from jul17 to jan 20. is it true?
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Quick Summary
There's been some discussion about a potential government refund for penalties paid due to late monthly returns filed between July 2017 and January 2020. However, current information indicates that there is no official news or plan from the government to offer such refunds. Taxpayers should be aware that past late fees are unlikely to be reimbursed.