late fees Archive

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Interest and Penalty on TDS

Section 201(1A) TDS Interest, Section 234E Late Filing Fee, and Section 271H TDS Penalty

If payment of TDS is not made in the specified time or/and return filing of TDS is not complete before the due date then the Income Tax act imposed interest and penalties for the default made by the deductor.
Penalty for late filing of ITR for AY 2021-22

What is the Interest and Penalty for late filing of ITR for AY 2021-22

For AY 2021-22, the last date for filing your Income Tax Return is 31st July 2021 for the non-audited assessee, and for the audited assessee, the last date is 31st October 2021. Still, if you are not able to file your
Penalty For Late Filing of ITR for AY 2020-21

Penalty For Late Filing of ITR for AY 2020-21

For AY 2020-21, the last date for filing your Income Tax Return is 31st December 2020 for the non-audited assessee, and for the audited assessee, the last date is 31st January 2021. Still, if you did not file your Income Tax
Interest and penalties under TDS

Interest penalties for late payment of TDS and late filing of TDS return- New Tax Route

In the last post on TDS, we discussed the due dates for payments of TDS and due dates for the return filing of TDS. If payment of TDS is not made in the specified time or/and return filing of TDS is
Late fees for GSTR

Late fees for GSTR- no late fees for GSTR 3B with nil tax liabilities

Late fees for GSTR 3B- During the COVID-19 pandemic, the government have given relief to small taxpayers by saying that there will be no late fees for GSTR 3B return, which has no tax liabilities and for the return with tax