I believe you are referring to a late payment of tax penalty. That happens when you don't pay your income tax in on a timely basis in a sufficient amount. Even if you file your tax return on time you can receive that penalty as it has to do with when the tax is paid, not when the return is filed.
For the most part, you are required to pay in 100% of your tax from the previous year or 90% of your tax for the current year on a quarterly basis to avoid the late payment of tax penalty. Also, if you owe more than $1,000 when you submit your tax return, you will likely get a penalty.
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