12
GO BACK TO INDEX

Section - 271F - penalty for failure to furnish return - 

 

This is consequential to the amendment providing for fees for delayed filing of return. A discussion about such fees is made against section 234F. As a result this provision the provisions of section 271F providing for levy of penalty had become inapplicable in respect of assessment year 2018-19 onwards. Accordingly the section provides that nothing contained in the section shall apply to and in relation to the return of income required to be furnished for assessment year commencing on or after 1st day of April 2018.

 


GO BACK TO INDEX

17