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Hurry Up File Your Income Tax Return on or before 31st July 2018

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LATE FEE ON DELAY IN FILING INCOME TAX RETURN FOR THE YEAR ENDED *31ST MARCH, 2018 (Asst.Yr: 2018-19)* under sec. 234F:

1. If Return filed during 01/04/2018 – 31/07/2018 : Late Fee *NIL*

2.  If Return filed during 01/08/2018 – 31/12/2018 : Late fee Rs. *5000*

If total income does not exceed Rs.5 Lakhs then this Late fee will be restricted to Rs. *1000*

3.  If Return filed during 01/01/2019 – 31/03/2019 : Late Fee Rs. *10000*

If total income does not exceed Rs.5 Lakhs then this Late Fee will be restricted to Rs. *1000* only.

*Better Get your ITR filed by 31/07/2018*

CA Varun Sharma

V R K S & Associates

9463219388

 

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