Income up to ₹5L: ₹1,000 late fee. Income above ₹5L: ₹5,000 late fee. Plus, 1% monthly interest on outstanding tax under Section 234A.
Income up to ₹5L: ₹1,000 late fee. Income above ₹5L: ₹5,000 late fee. Plus, 1% monthly interest on outstanding tax under Section 234A.