For ITR Filling of AY 17-18

This query is : Resolved 

29 June 2017 Can I file my ITR for AY 17-18 after month of July ? And is there any penalty for filling after month of July ?

29 June 2017 yes, you may do so.....normally,although said in the ACT, penalty is not levied for late filing of return

29 June 2017 I heard that if I file ITR after month of July than I am liable for 1000 penalty

30 June 2017 the provision of penalty has been there since.......however Income Tax dept normally does not levy penalty


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