Penalty for Late Filing of Income Tax Return
The due date for filing ITR for Assessment Year 2018-19 is 31st July 2018.
Effective from the financial year 2017-18, a late filing fee will be applicable for filing returns after the due date.
Late Filing Fees / Penalties
Late Filing Fee Details | ||
E- Filing Date | Total income Below Rs 5,00,000 | Total income Above Rs 5,00,000 |
Up to 31st July 2018 | Rs 0 | Rs 0 |
Between 1st Aug 18 to 31 st Dec 18 | Rs 1,000 | Rs 5,000 |
Between 1st Jan 19 to 31st March 19 | Rs 1,000 | Rs 10,000 |