Kumari Palany & Co

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30th September last date to file Income Tax returns with a penalty for 2018-19!

Posted on: 25/Sep/2020 12:08:35 PM
The time extension for filing the Income Tax returns for the Financial Year 2018-19 with penalty gets over on 30th September!

Hence, the Income Tax Department Officials have emphasized the Tax Payers to fie the Income Tax returns 2018-19 before the above deadline.

The time for filing the Income Tax Returns for the Financial Year 2081-9 commenced in April 2019. ALL PUBIC WHO EARN AN ANNUAL INCOME OF OVER Rs. 2.5 LAKHS MUST FILE THEIR INCOME TAX RETURNS!

Though the annual earning was brought down by the Income Taxpayers with the Tax Concession Activities, FILING INCOME TAX RETURNS HAS BEEN MADE MANDATORY FROM THE YEAR 2018!

Actually, the time for filing the Income Tax Returns got over by 31st March!

Meanwhile, due to the prevailing conditions of the raging coronavirus pandemic and the resultant preventive action of the lockdown imposition, the time extension for filing Income Tax returns was granted until September.

As such, presently, the time deadline for filing the Income Tax Returns for the Financial year 2018-19 with penalty gets exhausted by 30th September!