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If I file my ITR after the due date, under whic...

If I file my ITR after the due date, under which section shall I be liable to pay interest for la...

If I file my ITR after the due date, under which section shall I be liable to pay interest for late payment? And what shall be the rate of such interest?

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Chiranjibi Chapagain Jun. 14, 2018

Yes, you will be liable to pay interest on such late payment. This procedure is defined under section 234A of the Income tax act, and the rate would be 1% per month.

If I file my ITR after the due date, under which section shall I be liable to pay interest for late payment? And what shall be the rate of such interest?

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