dear sir, i want to revise. income return for AY 2019-20 So penalty is applicable or Not.
Plz do the needful.
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Revise Return
Replies (4)
Quick Summary
NO PENALTY UPTO 31ST JULY.
DATES EXTENDED
DATES EXTENDED
Yes, you can revise return without penalty as date extended upto 31.07.2020
According to a recent notification by CBDT dtd 24.06.2020, penalty is not applicable if revised return is filed by 31st July 2020 for AY 2019-20
Yes, you can revise return without penalty/late fee as date extended upto 31.07.2020
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