Menu
Section 139
If a person do not have taxable income but still files his Return of Income after the due date. Whether penalty for late filing of return is applicable ?
Replies (3)
I think no
Because 234F clearly says who is required to furnish return as per 139 and in your case the assessee was not req as per 139 but filed it voluntarily
Because 234F clearly says who is required to furnish return as per 139 and in your case the assessee was not req as per 139 but filed it voluntarily
Yes... I agreed to Mr Harshit Baheti...
If Assessee is not liable u/s 139.... then late fee not applicable.
If Assessee is not liable u/s 139.... then late fee not applicable.
LATE FEES IS FOR LATE FURNISHING OF RETURN OF INCOME
THERE IS NO SUCH AS U HAVE TAXABLE INCOME OR NOT
Recent Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
