Dear Sir/Madam,
If total income of a individual in F.Y 2017-18 is Rs.240000 and He file his income tax return after due date i.e 31st August,2018 , Then either he is required to pay late fee Rs. 1000 or not?
Menu
Return of Income
Replies (3)
yes late fees of 1000 Will be payable
No...
If Assessee's total Income not exceeding BEL then the Penalty (u/s 234F) is not levied if he is filling after 31st August 18...
If Assessee's total Income not exceeding BEL then the Penalty (u/s 234F) is not levied if he is filling after 31st August 18...
if one's gross income before any deduction is below 2.5 lakhs no late free whereas income above 2.5 and below 5 lakhs late fee ₹1000 and if income above 5 lakhs 5000 ₹ but after 31.12.18 and upto 31.03.19 it is ₹10000
Recent Threads
- GST Export Refund
- Missed Deadline of Form 10AB. What Should be next
- Rural land near mining zone
- Partners rental income
- Donation deduction in ay 22-23
- ITR Filing for NRI (Dubai) – TDS u/s 194H &a
- CA Final Group 1 Exam - AFTER A LONG GAP
- What accounting software works best for small busi
- Accumulated amount received from pf account
- Sec.10 (10D) Tax Benefit not available to PaidUp p
Related Threads
CAclubindia
