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Rgarding fee u/s 234F
if an individual assessee is a non resident and he file income tax return after 31st december and his total income is also below limit then would he liable of late fee or rs. 1000?
Replies (3)
Late fees upto RS 1000.
yes, 234F late fine of Rs. 1000/- is levied
However if Total Income before any deductions ( under section 80C 80D) etc does not exceed basic limit of RS 250000/- then No penalty under 234F is levied at all.
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