ITR: बिना पेनल्टी अभी भी फाइल कर सकते हैं रिटर्न, चेक कर लें आखिरी तारीख
To ensure that assessees file their income tax return (ITR) on time, the provision of late fee up to Rs 10,000 was introduced in the Union Budget 2017. Accordingly, section 234F has been inserted in the Income Tax Act relating to fee for default in furnishing return of income.
Read Dr. Suresh Surana, Founder, RSM India, views in this article with Financial Express.