The due date for filing Income Tax Return for A.Y. 2018-19 are as follows
Penalty for late filing of ITR – Section 234F is introduced in order to ensure that returns are filed within the prescribed due date.
ITR Applicability for A.Y. 2018-19 :-
|ITR 1||Resident InResident Individuals||♦ Total income upto 50 lac rupees♦ Income from salary/pension
♦ one house property (except where loss is b/f)
♦ Income from other sources (excluding winning from lottery and income from Race Horses, Income taxable under section 115BBDA or Income of the nature referred to in section 115BBE).
|ITR 2||Individuals & HUF||Other than Income from Profits & Gains from Business & Profession.|
|ITR 3||Individuals & HUF||Income from Profits & Gains from Business or Profession.|
|ITR 4||Individuals, HUF & Firms||♦ Income from Profits & Gains from Business & Profession computed in accordance with Presumptive basis♦ Income from Salary/Pension
♦ One house property (except where loss if b/f)
♦ Other sources (excluding winning from Lottery and Income from Horse races).
|ITR 5||Firms, LLPs, AOP, BOI, Artificial Judicial Person, Co-operative society & Local Authority.||All Heads of income.|
|ITR 6||Companies other than company claiming exemption under section 11.||All Heads of income.|
|ITR 7||Persons including companies who are required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D) or section 139(4E) or section 139(4F).||All Heads of income.|