SEO Sai Gr. Hosp.
197213 Points
Joined July 2016
"can I file ITR 1 for financial year 2018-19 now with penalty ???"
ITR for financial year 2018-19, can be filed without penalty before 31st August!!! (i.e. AY 2019-20).
But if your query is for AY 2018-19, sec. 119(2)(b) of IT act, would be helpful......