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My dad has pan no Is his income zero, should he fill the income tax return, if not filled, the fee will be charged
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FILE NIL RETURN ON OR BEFORE 31-07-2018
Whether Your father has any income which is above exemption limit ie Rs.2,50,000 /-
If yes he has to file IT return on or before 31/07/2018.
If not filed penalty under section 234 F will be levied as under
| (a) | five thousand rupees, if the return is furnished on or before the 31st day of December of the assessment year; | |
| (b) | ten thousand rupees in any other case: |
Provided that if the total income of the person does not exceed five lakh rupees, the fee payable under this section shall not exceed one thousand rupees.
His income is Zero then no need to file income tax return...
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