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This is a material change. The legal position under Section 428(a) of ITA 2025 differs from Section 234F of ITA 1961. Review the change carefully — it may affect your tax liability, deductions, or compliance obligations.
Section 234F: Late filing fee — Rs. 5,000 (if total income > Rs. 5 lakh), Rs. 1,000 (if total income ≤ Rs. 5 lakh).
Section 428(a): fee for ordinary late filing of return — ₹1,000 if total income ≤ ₹5 lakh, ₹5,000 otherwise (where a return is statutorily required). Section 428 as a whole is wider: Finance Act 2026 added 428(b) (revised return after 9 months) and 428(c)/(d) (audit/report fees).
234F → 428(a). The ordinary late-return fee is unchanged, but s.428 as a whole is wider than old 234F.
Material change in law — different legal position, rates, conditions, or consequences.