As the extended due date for person covered under audit to file return on or after 15th March, 2022
then, person who is partner in firm covered under audit having same applicable date then, 234F on such person can be leviable or not ?
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Quick Summary
This discussion clarifies the applicability of Section 234F penalty under the Income Tax Act for individuals, especially partners in firms covered under audit. It confirms that the penalty under Section 234F will not be levied until March 15th, 2022. For partners in audited firms, the due date is March 15th, after which Section 234F may apply.