TaxTMI Login
Just a moment...
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>Income Tax Bill 2025: Clause 427 introduces daily fees for late statement submissions under section 393(3)(b).</h1> Clause 427 of the Income Tax Bill, 2025, imposes a fee on individuals who fail to submit required statements within the prescribed timeframe under section 393(3)(b). The fee is set at two hundred rupees for each day the default continues. However, the total fee cannot exceed the amount of tax that is deductible or collectible. This fee must be paid before the statement is submitted.
TaxTMI 
TaxTMI 
