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DUE DATE OF INCOME TAX RETURN WITH OUT PANALTY FOR THE YAR 2019-20

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LAST DATE OF IT FILE SUBMISSION WITH OUT PANALTY FOR THE A.Y. 2019-20  

 

 The last date to file your income tax return (ITR) for FY 2018-19. By filing your ITR on time, along with certain benefits such as carry forward of losses, you will also avoid paying late filing fees. If you file your ITR after the deadline you will have to pay late filing fees of up to Rs 10,000.

Now, everyone has to file ITRs digitally except for super senior citizens (i.e., aged 80 years and above) who are allowed to file their ITR in paper format.
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Filling After July 31st every one has to give a penalty U/S 234F FROM RS .1000/- TO RS. 10,000/-


Now, everyone has to file ITRs digitally except for super senior citizens (i.e., aged 80 years and above) who are allowed to file their ITR in paper format. 


The Income-Tax department has now announced a few key changes that a taxpayer must know while filing their Income Tax Return (ITR). The department sent in alert on its official portal on Wednesday, directing income tax payers to take note of changes that have taken place in ITR1, ITR4, TDS statement, pre-filing and offline utilities. ITR filing for assessment year 2019-20 deadline is set on July 31, 2019. That said, if you are the last minute-type of taxpayer, then you might not want to miss out on the latest alert in order to have seamless ITR filing. 

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