Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2017 amends Income-tax Act section 140A to include fees for late returns from April 2018.</h1> Clause 56 of the Finance Bill, 2017, amends section 140A of the Income-tax Act, effective April 1, 2018. The amendment requires that, in addition to tax and interest, a fee for delay in filing income returns is payable. Changes include inserting 'and fee' alongside 'interest' in the text, and adjusting payment priorities to account for this fee. This amendment aligns with the introduction of section 234F, which imposes fees for delayed return submissions, applicable from the assessment year 2018-2019 onwards.
TaxTMI 
TaxTMI 
