Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Late tax return fee Rs 5,000 capped at Rs 1,000 if income = Rs 5 lakh, effective 1 April 2018</h1> A person required to file an income-tax return who fails to do so within the time prescribed must pay a fee of Rs.5,000, but where the person's total income does not exceed Rs.5 lakh the fee is capped at Rs.1,000. This fee regime applies to returns for assessment years commencing on or after 1 April 2018.