penalty under section 234

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article assistant
66 Points Joined July 2016
Should we pay penalty under section 234 even for filing nil return?
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On 30 December 2018 at 16:32 Report
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37 Points Joined September 2017
Yes, But if Gross Total Income is less than 2.5 lacs there is no such penalty.
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On 30 December 2018 at 17:04
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96 Points Joined May 2018
Madam,
penalty u/s 234f is whose gross total income[i.e.,before sec 80 deductions] exceeds 2,50,000 .[A.Y 18-19 return]
File before 31-12-2018
< 2.5 - penalty nil
<5.0 - 1,000
>5.0- 5,000
File after 31-12-2018
<5.0 - 1,000
>5.0 -10,000.
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On 30 December 2018 at 17:50
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Student
3154 Points Joined December 2017
i agree with soma.
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On 04 January 2019 at 20:56
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Accountant
6 Points Joined November 2017
submitted return u/s 44ADA within due date revised return submitted within time limit shall attract 234F
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On 23 April 2019 at 23:46
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student
290 Points Joined January 2019

No.

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On 24 April 2019 at 09:09


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