Questions tagged [penalty]

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Annual Bonus causing penalty under section 234C in India

My company pays bonuses in March because of which my taxable income also increases quite a lot. Because of this, I am being charged penalty fee under section 234C due to shortfall of meeting - 15% ...
2
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0answers
71 views

How do I pay my ineligible IRA contribution taxes?

This is a follow-up question to I may have made an ineligible contribution to a Roth IRA. What should I do? In 2017, prior to Tax Day, I made a TY 2016 contribution to my IRA that exceeded my 2016 ...
2
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1answer
2k views

Are automobile loan pre-payment penalties legal in Arizona?

I've not been able to find the answer to this question. I am looking specifically for the law as it applies only to the state of Arizona. If I take a loan for a car purchase, can I be penalized for ...
1
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1answer
25 views

Interest for section 234B and 234C added while filing ITR

I'm working as a software engineer in an IT company. I'm filing ITR form-1 for FY 2019-20. My company had deducted and submitted TDS of around Rs 7000 on 6/01/2020 to IT department. Initially, while ...
1
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0answers
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What affects tax due for the Ohio vehicle tax penalty?

I bought a motorcycle for $3,000 and stupidly put $0 on title. I got a letter asking the sale price and paid $210 in taxes in response to the letter. Now I just got another letter that says I owe ...