Itr a y 2017- 18 : gross total income below rs. 2.50 lacs

SSG (1936 Points)

23 April 2018

Can ITR for AY 2017-18, be filed, with Gross Total Income below Rs. 2.50 lacs. Do assessee need to pay any late fee for it? Please advise.

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4 Replies

CA Rashmi Gandhi (Chartered Accountant) (86495 Points)
Replied 23 April 2018

You can't file return up to A.Y.2017-18 as date is over now

SSG (1936 Points)
Replied 23 April 2018

Not possible even with late fee?

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 23 April 2018

Yes... Not possible in normal provisions.

VIRAJ KHODKE (44 Points)
Replied 23 April 2018

Total income or gross total income below 2.5lac is exempt from tax

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