People filing ITR online now slapped with Section 234F late fee, likely due to bugs
India Today
People filing income tax returns today are facing fresh set of issues, as the new income tax returns filing website is charging taxpayers late fee from today, that is August 1.
People filing income tax returns today are facing fresh set of issues, as the new income tax returns filing website is charging taxpayers late fee from today, that is August 1. This seems to be because of some issue or bug in the income tax website as the tax department had already extended the deadline to file the ITR till September 30. Yet, people who filed their income tax returns on August 1 or later, have been penalised Rs 5,000 under Section 234F of the income tax. Section 234F of the income tax was introduced on April 1, 2017 and makes the taxpayers liable to a maximum penalty of Rs 10,000 if they file the income tax returns beyond the deadline. The section applies to all categories of persons -individual, HUF, AOP, BOI, company, firm etc.More Related News