Fee for revised income tax returns introduced for delayed filing, with rates linked to total income. A new fee provision applies to revised returns furnished under section 139(5) after nine months but before twelve months from the end of the relevant ... Summary
Fee for revised income tax returns introduced for delayed filing, with rates linked to total income.
A new fee provision applies to revised returns furnished under section 139(5) after nine months but before twelve months from the end of the relevant assessment year. The fee is graded by total income, with a lower amount where income does not exceed five lakh rupees and a higher amount in other cases. The insertion is effective from 1 March 2026.
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