The Income Tax Portal is incorrectly applying late fees under Section 234F to taxpayers, even after an extension announcement on 31st December 2020. The original due dates for filing Income Tax Returns for FY 19-20 were 10th January 2021 for non-audit cases and 15th February 2021 for audit cases, with the Tax Audit deadline being 15th January 2021. This error is causing concern among taxpayers and tax professionals.
It has been communicated by various taxpayers and professionals that the Income Tax Portal is charging a late feeu/s 234F in spite of the extension announcement dated 31st December 2020. The due date for filing Income Tax Return for FY 19-20, for not-audit cases is 10th January 2021 and for auditcases is 15th February 2021. The deadline for Tax Audit is 15th January 2021. File your return now!
Income tax portal charging late fee u/s 234F inspite of extension announcement
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FAQ :
The Income Tax Portal is incorrectly charging a late fee under Section 234F to taxpayers, despite an announced extension for filing.
The extension announcement was made on 31st December 2020.
For non-audit cases, the due date was 10th January 2021. For audit cases, the due date was 15th February 2021.
The deadline for Tax Audit was 15th January 2021.
Various taxpayers and tax professionals have communicated this issue.