Section 234F in The Income Tax Act, 1961
234F. Fee for default in furnishing return of income.
[(1) Without prejudice to the provisions of this ... where a person required to furnish a return of income under section 139, fails to do so within the time prescribed in sub-section
Section 76 in The Finance Act, 2017
76. Insertion of new section 234F.
- After section 234E of the Income-tax Act, the following section shall ... inserted with effect from the 1st day of April, 2018, namely:- "234F. Fee for default in furnishing return of income. - (1) Without prejudice
Section 96 in Finance Act, 2020
96. Insertion of new section 234G.
- After section 234F of the Income-tax Act, the following section shall
return of income under section 263 fails to do so within such time as may be prescribed in section 263(1), he shall ... other case. [ Similar to Section 234F from The Income Tax Act, 1961 - Also Refer
Section 60 in THE FINANCE ACT, 2021
60. Amendment of section 234F.
In section 234F of the Income-tax Act, for sub-section
Vide intimation,
issued u/s 143(1) of the Act, a fee of Rs.5,000/- was levied u/s 234F ... filed rectification petition u/s 154
of the Act requesting to delete the aforesaid levy of Rs.5,000/- u/s 234F
levying higher fees of ₹ 10,000 under the provisions of
section 234F of the Act instead of ₹ 5000 only.
13.1 At the time of hearing ... Levying the fee under the
provisions of section 234F of the Act as per the provisions of law.
According
ambiguity in Sec. 80AC of the Act. Therefore, in view of the clear cut
provisions of section 80AC of the Act, deduction ... therefore, he is liable for levy of fee
as per section 234F of the Act. The section 234F of the Act reads as
under
duly filed within the prescribed time limit u/s
139(1) of the act. As per section 234F of the act, fees is payable ... income before the prescribed time limit u/s 139(1) of the act. Thus, in our
view, section 234F is not applicable in the case
charging of interest under Section 234 AB &
C as a whole levy of fee of ₹5,000/- under Section 234F ... interest u/s 234B and 234C ,
ground number six is with respect to imposing a fee of ₹
5000 u/s 234F
