Income Tax Returns Filing

The due date for filing Income Tax Return for A.Y. 2018-19 are as follows 
due date for filing Income Tax Return for A.Y. 2018-19
Penalty for late filing of ITR – Section 234F is introduced in order to ensure that returns are filed within the prescribed due date.
Section 234F (Penalty for late filing of ITR)

ITR Applicability for A.Y. 2018-19 :-

ITR Applicable to Income
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.

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income tax returns filing