Ay 2017-18 income tax return filing
This query is : Open
29 July 2017
Dear sir/dear madam, if by the way 31st July 2017 is not extended what will be the worst consequences for the returns to be filed after 31st July 2017 for the Ay 2017-18. I have heard that a sum of Rs 5,000 on account of penalty shall have to be paid before filing the income tax return. This is rumor or fact. Please guide me. I am mentally upset.
29 July 2017
In all likelihood, the Govt will extend the deadline.
No, sir! Penalty is not applicable if you file your return before the end of the assessment year (31st March 2018).
No, sir! Penalty is not applicable if you file your return before the end of the assessment year (31st March 2018).
29 July 2017
Provision is there for charging 5000 penalty but not charged generally.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- SEC 54 OF IT ACT
- Form 26QB for TDS on property
- Partnership Business Can start India (two partners one is Indian and OCI both are wife and Husband)
- Residential status for filling income tax returns in India
- Regarding Form 15CA & CB
- GST rate for millets.
- DTCP approval
- Donation Receipt u/s 80G
- Capital gain consideration
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
