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Section 234F

Latest Articles


Defective ITR resubmission as belated/revised, where defect is not rectified in prescribed manner

Income Tax : Defective ITR not rectified within time is treated as invalid. Filing a new belated return or seeking condonation can avoid penalt...

September 12, 2024 10524 Views 0 comment Print

From Side Hustle to Tax Puzzle: A Freelancer’s Guide to Taxes

CA, CS, CMA : Discover the complexities of tax compliance for freelancers and gig workers, from understanding income sources to navigating legal...

June 8, 2024 1569 Views 3 comments Print

Last date to file Income Tax Return is 31st December 2023

Income Tax : Discover importance of filing a late income tax return, consequences of missing deadline, and a step-by-step guide for online fili...

December 29, 2023 2688 Views 1 comment Print

File Income Tax Return & Verify in 30 Days or Pay Rs.1000/5000 Penalty

Income Tax : Learn about consequences of not verifying your Income Tax Return within 30 days. Avoid penalties, delayed refunds, and loss of ben...

August 18, 2023 5262 Views 0 comment Print

Section 234F Late Fees of Rs. 5000 on Processing of Revised Return

Income Tax : Late fee is charged on delay in filing of Original return and not revised return because revised return take the shoes of original...

December 20, 2022 55860 Views 8 comments Print


Latest News


AOTAA files PIL before Orissa HC on the issue of late fee, interest & penalty under Income Tax

Income Tax : All Odisha Tax Advocates Association has filed an PIl before Orissa High Court with following Prayers- (i) Admit the Writ Petition...

January 13, 2022 4506 Views 1 comment Print

Request to extend date of filing Income tax audit report & other forms

Income Tax : Chartered Accountants Association, Jalandhar has made a request to FM for Extension of specified date of filing tax audit report a...

January 10, 2022 5118 Views 0 comment Print

Joint representation for extension of due date of ITR/TAR

Income Tax : Joint representation fo Extension of various dues dates of filing Audit Reports and Income Tax Returns under Income Tax Act, 1961 ...

January 9, 2022 14304 Views 4 comments Print

Extend specified dates of filing Tax Audit Report & other forms

Income Tax : Request for Extension of the specified date of filing the Tax Audit Report and other forms falling due on or before 15th January 2...

January 8, 2022 30447 Views 4 comments Print

BJP Rajasthan requested for extension of Tax Audit Report due date

Income Tax : Rajasthan BJP Economic Cell has made a request for extension of due date of furnishing of Report of Audit under provision of the I...

January 8, 2022 10752 Views 1 comment Print


Latest Judiciary


No condonation of delay of 216 Days in filing ITR by Co-Op Society for claiming 80P deduction

Income Tax : Since there was no genuine hardships in filing their ITR within prescribed time limit, the application was not maintainable since ...

November 7, 2024 417 Views 0 comment Print

Political party required to furnish return within due date u/s 139 for claiming exemption u/s. 13A: ITAT Delhi

Income Tax : ITAT Delhi held that in order to claim exemption under Section 13A of the Income Tax Act by the political party it is necessary to...

March 11, 2024 654 Views 1 comment Print

ITAT Allows Deduction u/s. 80JJAA: Revised Return Categorization Mistake corrected

Income Tax : ITAT Mumbai allows the claim of deduction u/s. 80JJAA for the assessment year 2020-21, as the taxpayer had filed the original retu...

July 31, 2023 1287 Views 1 comment Print

Fee for late-filing of ITR is not penalty but a charge for extra service: HC

Income Tax : Fees for late filing of income tax returns under section 234F  was a fixed charge not a penalty for the extra service which the D...

February 21, 2020 12840 Views 0 comment Print


Latest Posts in Section 234F

No condonation of delay of 216 Days in filing ITR by Co-Op Society for claiming 80P deduction

November 7, 2024 417 Views 0 comment Print

Since there was no genuine hardships in filing their ITR within prescribed time limit, the application was not maintainable since the ITR was already filed by assessee and the same was taken on record, and thus the issue of condoning delay in filing the ITR would not arise.

Defective ITR resubmission as belated/revised, where defect is not rectified in prescribed manner

September 12, 2024 10524 Views 0 comment Print

Defective ITR not rectified within time is treated as invalid. Filing a new belated return or seeking condonation can avoid penalties under Section 234F.

From Side Hustle to Tax Puzzle: A Freelancer’s Guide to Taxes

June 8, 2024 1569 Views 3 comments Print

Discover the complexities of tax compliance for freelancers and gig workers, from understanding income sources to navigating legal consequences. Learn how to mitigate tax non-compliance and optimize financial management.

Political party required to furnish return within due date u/s 139 for claiming exemption u/s. 13A: ITAT Delhi

March 11, 2024 654 Views 1 comment Print

ITAT Delhi held that in order to claim exemption under Section 13A of the Income Tax Act by the political party it is necessary to furnish return of income by the ‘due date’ as per Section 139 of the Income Tax Act.

Last date to file Income Tax Return is 31st December 2023

December 29, 2023 2688 Views 1 comment Print

Discover importance of filing a late income tax return, consequences of missing deadline, and a step-by-step guide for online filing before December 31 cutoff. Avoid penalties and stay financially disciplined.

File Income Tax Return & Verify in 30 Days or Pay Rs.1000/5000 Penalty

August 18, 2023 5262 Views 0 comment Print

Learn about consequences of not verifying your Income Tax Return within 30 days. Avoid penalties, delayed refunds, and loss of benefits. Find out how to e-verify your return easily.

ITAT Allows Deduction u/s. 80JJAA: Revised Return Categorization Mistake corrected

July 31, 2023 1287 Views 1 comment Print

ITAT Mumbai allows the claim of deduction u/s. 80JJAA for the assessment year 2020-21, as the taxpayer had filed the original return of income on time. The claim was initially denied due to an error in categorizing the revised return as an original return.

Section 234F Late Fees of Rs. 5000 on Processing of Revised Return

December 20, 2022 55860 Views 8 comments Print

Late fee is charged on delay in filing of Original return and not revised return because revised return take the shoes of original return. But due to transformational changes in building new income tax website this section is overused i.e. it is levied while processing of revised return also in many cases.

Quick notes on Late fees under section 234F of Income Tax Act 1961

September 30, 2022 4323 Views 0 comment Print

Demystifying section 234F of Income Tax Act 1961: Learn about late fees for non-filing or late filing of income tax returns.

CBDT can provide relief in genuine hardships cases from Section 234F Fees

February 2, 2022 2235 Views 0 comment Print

Considering the genuine hardships faced by certain classes of persons in filing return of income and not to impose a fee for a default which is beyond their control, it is proposed to insert section 234F and include it in the list of sections mentioned in clause (a) of sub-section (2) of section 119 of the Act, so as to enable the Board to issue such orders or instructions, as deemed fit.

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