TMI BlogInsertion of new section 234F.X X X X Extracts X X X X X X X X Extracts X X X X ..... f the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2018, namely:- Fee for default in furnishing return of income. 234F. (1) Without prejudic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r case: Provided that if the total income of the person does not exceed five lakh rupees, the fee payable under this section shall not exceed one thousand rupees. (2) The provisions of this ..... X X X X Extracts X X X X X X X X Extracts X X X X
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