https://www.taxtmi.com/acts?id=48872 Clause 428 imposes a statutory fee where a person required to furnish a return of income fails to file within the prescribed time; it establishes a two-tier fee structure based on the assessee's total income, providing a higher fixed fee above an income threshold and a lower capped fee in other cases, and applies without prejudice to other Act provisions. en-us Fri, 14 Feb 2025 13:22:48 +0530 Fri, 14 Feb 2025 13:22:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48872 Clause 428 imposes a statutory fee where a person required to furnish a return of income fails to file within the prescribed time; it establishes a two-tier fee structure based on the assessee's total income, providing a higher fixed fee above an income threshold and a lower capped fee in other cases, and applies without prejudice to other Act provisions. Act-Rules Bills Fri, 14 Feb 2025 13:22:48 +0530 https://www.taxtmi.com/acts?id=48872