Law · Tax (Direct)
Section 234F Income Tax Act — Fee for Default in Filing Return
Late filing fee — ₹1,000 to ₹10,000 based on total income. (Income Tax Act, 1961)
Pronunciation: 🇺🇸 US
/ˈsɛkʃən ɛf ˈɪnkəm tæks ækt fi fər dɪˈfɔlt ɪn ˈfaɪlɪŋ rɪˈtərn/ 🇬🇧 UK/ˈsɛkʃən ɛf ˈɪnkəm tæks ækt fi fə dɪˈfɔlt ɪn ˈfaɪlɪŋ rɪˈtən/Definition
Late filing fee — ₹1,000 to ₹10,000 based on total income. (Income Tax Act, 1961)