dear Sir,
AY 2018 _19
if income 4 lakh and after deduction tax is nil
or salaried is already tds deducted by employer
so
penalty is 1000 rs. compulsory in nil tax return if filling after due date 31 july 2018
please confirm
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AY 2018-19 ITR FILE PENALTY
Replies (4)
Yes... If income is exceeding above 2.5lakhs then filing mandatory...
If not file Your ITR on or before due date then Penalty is chargeable Rs. 5000
Also if not file after due date (from 1st August to on or before 31st December) then penalty will be imposed Rs 10k....
If not file Your ITR on or before due date then Penalty is chargeable Rs. 5000
Also if not file after due date (from 1st August to on or before 31st December) then penalty will be imposed Rs 10k....
thanks
Your gross total income (before allowing any deductions under section 80C to 80U) exceeds Rs.2,50,000 .This limit is Rs 3,00,000 for senior citizens ( who are more than 60 years old but less than 80 years old) or Rs 5,00,000 for super senior citizens (who are more than 80 years old).
Your gross total income (before allowing any deductions under section 80C to 80U) exceeds Rs.2,50,000 .This limit is Rs 3,00,000 for senior citizens ( who are more than 60 years old but less than 80 years old) or Rs 5,00,000 for super senior citizens (who are more than 80 years old)
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