Home > Income Tax Act 2025 > Section-428Last Updated: Feb 25th 2025
Section-428 : Fee for default in furnishing return of income
Section-428 seeks to provide that the assessee shall be liable to pay a fee for failure to furnish a return of income by the prescribed due date. Learn to understand the section-428 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
1. Section-428 as per act
Without prejudice to the provisions of this Act, where, a person required to furnish a return of income under section 263 fails to do so within the time as prescribed in section 263(1) he shall pay, by way of a fee,––
- a sum of five thousand rupees, if the total income of such person exceeds five lakh rupees;
- a sum not exceeding one thousand rupees in any other case.
2. Help and useful links for Section-428
- Income Tax Help Center
- Income Tax Act 2025 Home
- How late filing fee is assessed for AY 2024-25
- How to e-File Belated Income Tax Return by yourself ?
- Self Service (DIY) Income Tax Filing made Easy