As per Section 234F of the Income Tax Act, 1961, where a person required to furnish a return of income u/s 139, fails to do so within the time prescribed time, he shall pay, by way of fee, a sum of if the return is furnished on or before the 31st day of December of the assessment year,₹ 1

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As per Section 234F of the Income Tax Act, 1961, where a person required to furnish a return of income u/s 139, fails to do so within the time prescribed time, he shall pay, by way of fee, a sum of if the return is furnished on or before the 31st day of December of the assessment year,₹ 1






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