Interest on Late Filing Fees

By | 2018-08-08T09:14:20+00:00 June 10th, 2016|Categories: Tax payments and Refund|Tags: , |

Read the article below to understand the interest calculation on Late Filing Fees The instructions drawn by the Income Tax Department must be adhered to by the taxpayers. In Section 234 of the Income Tax Act 1961, the following are the three options for filing late fees: Interest on Delayed tax return filing – Section 234A [...]