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|