{"id":1242,"date":"2024-09-24T14:35:53","date_gmt":"2024-09-24T14:35:53","guid":{"rendered":"http:\/\/fastlegal.in\/blog\/?p=1242"},"modified":"2024-09-24T14:35:53","modified_gmt":"2024-09-24T14:35:53","slug":"last-date-for-filing-itr-f-y-2018-19-and-penalty-on-late-filing-of-itr","status":"publish","type":"post","link":"https:\/\/fastlegal.co.in\/blog\/income-tax\/last-date-for-filing-itr-f-y-2018-19-and-penalty-on-late-filing-of-itr\/","title":{"rendered":"Last Date For Filing ITR F.Y. 2018-19 and Penalty On Late Filing of ITR"},"content":{"rendered":"<h1>Due Dates for Filing Income Tax Return<\/h1>\n<p>As per the provisions contained in section 139 of Income Tax Act, 1961 every person whose income during the financial year exceeds two lakh fifty thousand rupees (Financial Year 2018-19) is required to file Income Tax Return on or before due date . Due Dates for filing Income Tax Return for the FY 2018-19 is as follows:<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Type\u00a0 of Assesses<\/strong><\/td>\n<td><strong>Due Date <\/strong><\/td>\n<\/tr>\n<tr>\n<td>Individual or HUF whose accounts are not liable for tax audit<\/td>\n<td>31<sup>st<\/sup> July,2019<\/td>\n<\/tr>\n<tr>\n<td>Partnership Firm\/LLP whose accounts are not liable for tax audit<\/td>\n<td>31<sup>st<\/sup> July,2019<\/td>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td>30<sup>th<\/sup> September,2019<\/td>\n<\/tr>\n<tr>\n<td>Individual or HUF whose accounts are\u00a0 liable for tax audit<\/td>\n<td>30<sup>th<\/sup> September,2019<\/td>\n<\/tr>\n<tr>\n<td>Partnership Firm\/LLP whose accounts are not liable for tax audit<\/td>\n<td>30<sup>th<\/sup> September,2019<\/td>\n<\/tr>\n<tr>\n<td>Working partner of a firm whose accounts are liable for tax audit<\/td>\n<td>30<sup>th<\/sup> September,2019<\/td>\n<\/tr>\n<tr>\n<td>Assesses involved in foreign transaction u\/s 92E<\/td>\n<td>30<sup>th<\/sup> November,2019<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<h2><strong>Penalty on Late Filing of Income Tax Return-FY2018-19<\/strong><\/h2>\n<p>As per the provisions of Section 234F of Income Tax Act, late filing of ITR would attract penalty as follows:<\/p>\n<ul>\n<li>Five thousand rupees, if the return is filed on or before the 31<sup>st<\/sup> December, 2019.<\/li>\n<li>Ten thousand rupees, if the return is filed after 31<sup>st<\/sup> December, 2019.<\/li>\n<\/ul>\n<p>If the total income of the person does not exceed five lakh rupees, the amount of penalty shall not exceed one thousand rupees.<\/p>\n<h2><strong>Important Points to Note-FY 2018-19<\/strong><\/h2>\n<ul>\n<li>A person who fails to file his Income Tax Return on or before above mentioned due dates can file his return after due dates by paying the penalty &amp; interest 31<sup>st<\/sup> March,2020, i.e. Last Date for filing Income Tax with penalty Return for FY 2018-19 is 31<sup>st<\/sup> March,2020.<\/li>\n<li>Return filed after due date would be considered as belated return and such belated return cannot be revised.<\/li>\n<li>Interest would also be levied on late filing of Income Tax Return.<\/li>\n<li>No penalty would be levied on a person filing Income Tax Return after due dates whose total income during the FY 2018-19 do not exceed two lakh fifty thousand rupees.<\/li>\n<\/ul>\n<h1>Click here to File your Income Tax Return<\/h1>\n<h4>Please call at +91-9782280098 to connect with Fastlegal team members.<\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due Dates for Filing Income Tax Return As per the provisions contained in section 139 of Income Tax Act, 1961 every person whose income during the financial year exceeds two lakh fifty thousand rupees (Financial Year 2018-19) is required to&hellip; <a href=\"https:\/\/fastlegal.co.in\/blog\/income-tax\/last-date-for-filing-itr-f-y-2018-19-and-penalty-on-late-filing-of-itr\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2253],"tags":[3859,3873,3876,3865,3863,3870,3864,3867,3892,3894,3889,3854,3875,3887,3886,3877,3883,3857,3884,3890,3869,3882,3893,3881,3888,3855,3872,3898,3860,3880,3902,3861,3891,3878,3895,3874,3879,3866,3858,3896,3871,3868,3862,3852,3901,3900,3899,3897,3856,3885,3853],"class_list":["post-1242","post","type-post","status-publish","format-standard","hentry","category-income-tax","tag-e-file-tax-return","tag-e-filing-of-income-tax-return","tag-e-return-filing","tag-e-tax-filing","tag-efiling-income-tax","tag-efiling-of-income-tax-return","tag-file-tax-return","tag-file-tax-return-online","tag-free-income-tax-filing","tag-free-tax-filing","tag-i-tax-return","tag-income-tax","tag-income-tax-deadline","tag-income-tax-due-date","tag-income-tax-e-filing-last-date","tag-income-tax-e-return","tag-income-tax-extension","tag-income-tax-filing","tag-income-tax-filing-date","tag-income-tax-filing-deadline","tag-income-tax-filing-last-date","tag-income-tax-last-date","tag-income-tax-late-filing","tag-income-tax-limit","tag-income-tax-refund-form","tag-income-tax-return","tag-income-tax-return-date","tag-income-tax-return-deadline","tag-income-tax-return-filing","tag-income-tax-return-filing-date","tag-income-tax-return-filing-penalty","tag-income-tax-return-last-date","tag-income-tax-return-last-date-for-salaried","tag-individual-income-tax-return","tag-it-filing-last-date","tag-it-return-filing","tag-it-return-form","tag-it-return-last-date","tag-it-return-online","tag-late-filing-of-income-tax-return","tag-online-filing-of-income-tax-return","tag-online-income-tax-filing","tag-online-income-tax-return","tag-penalty-for-late-filing-of-income-tax-return","tag-penalty-on-late-filing-of-income-tax-return","tag-penalty-on-late-filing-of-itr","tag-section-234f-of-income-tax","tag-submit-tax-return-online","tag-tax-filing","tag-tax-filing-last-date","tag-tax-return"],"_links":{"self":[{"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/posts\/1242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/comments?post=1242"}],"version-history":[{"count":4,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/posts\/1242\/revisions"}],"predecessor-version":[{"id":3195,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/posts\/1242\/revisions\/3195"}],"wp:attachment":[{"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/media?parent=1242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/categories?post=1242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/tags?post=1242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}