Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Fee for default in furnishing return of income, audited accounts and reports

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n 263, fails to do so within the due date, as specified under sub-section (1) of the said section, he shall be liable to pay by way of fee,-- (i) a sum of Rs. 1000, if the total income of such person does not exceed Rs. 500000; and (ii) a sum of Rs. 5000, in any other case; (b) furnishes a return of income under section 263(5) beyond nine months from the end of relevant ....