You are here: Home » Opinion » Letters
Business Standard

Apply on condition

If the tax due is zero, there is no case for imposing a penalty for a technical failure of non-submission of income tax return within the stipulated time

Business Standard 

With reference to Shrimi Choudhary’s article, “Why it pays to pay your income tax” (November 10), it is a good idea to reward honest taxpayers. The finance ministry should implement the proposal of the Income Tax Department to pay monetary rewards to such taxpayers.

I want to draw attention to a related subject: for non-compliance. An amendment to the that will be effective from the assessment year 2018-19 provides for a minimum of Rs 1,000 for delayed submission or non-submission of income tax returns. for non-compliance of such a rule should always depend on the tax payable. Individuals who do not pay their income tax dues and also do not submit their in time or do not submit it at all should be liable to pay the tax due, in addition to the and the interest for delayed payment. This is a fair provision. 

But suppose the tax liability of a is zero and she has not submitted her return in time, how could she be asked to pay a The payable should always depend on the tax due. If the tax due is zero, there is no case for imposing a for a technical failure of non-submission of within the stipulated time. 

Citizens should protest the unfair amendment of the for non-compliance.

Narendra M Apte   Pune


can be mailed, faxed or e-mailed to: 
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg 
New Delhi 110 002 
Fax: (011) 23720201  •  E-mail: letters@bsmail.in
All must have a postal address and telephone number

First Published: Sun, November 12 2017. 22:33 IST
RECOMMENDED FOR YOU