Marvel (P) Ltd. filed its return for the assessment year 2022-23 on 20th December, 2022 declaring total income of ₹4,70,000. How much it should pay by way of fee for the delayed filing of ITR under section 234F of the In

CS Executive · Tax Laws · PYQS · June 2023
Marvel (P) Ltd. filed its return for the assessment year 2022-23 on 20th December, 2022 declaring total income of ₹4,70,000. How much it should pay by way of fee for the delayed filing of ITR under section 234F of the Income Tax Act, 1961?
(A) ₹1,000
(B) ₹5,000
(C) ₹10,000
(D) ₹500 per day

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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