Facilitating late-filing of Income Tax returns is service: Madras HC upholds Section 234 (F) of IT Act prescribing Fee for default in timely filing of returns

“The legislature intent is not to arbitrarily burden the assessee by realising something extra but to call upon the assessee to share the burden of extra exercise due to delay on his part", the High Court observed.
Facilitating late-filing of Income Tax returns is service: Madras HC upholds Section 234 (F) of IT Act prescribing Fee for default in timely filing of returns
Madras High Court

The Madras High Court recently upheld Section 234 (F) of the Income Tax Act, 1961, which prescribes the late fee to be paid for failing to file income tax returns on time.

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