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Due date

This query is : Resolved 

31 July 2017 My Commission Net Profit = 310000/- LIC=42500 . Can I File IT return A. Y 2017-18 after 31 July 2017. Any Penalty or Interest rule. ?

31 July 2017 Penalty is there under 271 F but mostly be waived and no need to pay penalty at the time of filing the return of income

31 July 2017 Your above said income is no liability. SO, You don't want filing.
In case you have any TDS from commission then you want file your ITR

31 July 2017 You can file after 31st July (Now 5th August).
No interest or penalty is leviable.
However it will be a belated return.


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