ITR FOR AY 2018-19 URGENT
Pratik Surve (Assistant Professor ) (571 Points)
29 August 2019can I file ITR 1 for financial year 2018-19 now with penalty ???
if no then any options
please help to solve the same
thanks in advance
Pratik Surve (Assistant Professor ) (571 Points)
29 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183108 Points)
Replied 29 August 2019
"can I file ITR 1 for financial year 2018-19 now with penalty ???"
ITR for financial year 2018-19, can be filed without penalty before 31st August!!! (i.e. AY 2019-20).
But if your query is for AY 2018-19, sec. 119(2)(b) of IT act, would be helpful......
Pratik Surve
(Assistant Professor )
(571 Points)
Replied 29 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183108 Points)
Replied 29 August 2019
If any refund or losses to be carried forward, you can apply for condonation request for delay in filing return, to JCIT/ITO of your jurisdiction. If he grants permission, you can file return for AY 2018-19...
Kapadia Pravin
(17264 Points)
Replied 29 August 2019