LATE FEE FOR DELAY IN FILING RETURN OF INCOME

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Late fees are as follows

Period

Total Income upto Rs 5 Lakhs

Total Income above  Rs 5 Lakhs

From 01/08/2018 to 31/12/2018

Rs  1,000/-

Rs  5,000/-

From 01/01/2019 to 31/03/2019

Rs  1,000/-

Rs 10,000/-

 

For details refer Sec 234F of Income Tax  Act 1961.

Posted on 04/07/2018
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