Income tax return for fy 2017-18 and penalty for late filing
This query is : Resolved
25 June 2018
my client is having taxable income of rs. 7,00,000 and he is a salaried person but he is unable to file his return with in july 2018 for the fy 2017-18 and paid entire tax liability.whether he is liable to pay penalty if he files return in october 2018
Nikhil Kaushik
(Expert)
25 June 2018
yes, penalty is to be still paid.
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