dear experts,
if I file income tax return for fy 16-17 is there any penalty I have to pay? before 31.3.2018
Menu
return of income
Replies (3)
no , there is no levy of any pentaly if u file before end of the relevant assessment year
From next year, there is penalty if you don't file ITR by due date.
If you have outstanding taxes to be paid, you will have to pay interest @ 1% per month under section 234A for non filling of return within the due date prescribed.
Recent Threads
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
Related Threads
CAclubindia
