Tax related Important Dates to Remember
Income Tax Return date is approaching, We have Listed down important Tax related dates. You must bookmark this page for future references.
31st July 2018
Deadline for salaried taxpayers to file tax returns for the assessment year 2018-19 (financial year 2017-18); missing this deadline will invite a late-filing penalty of Rs.1,000-5,000.
31st December 2018
Date till which taxpayers can file their return after shelling out a penalty of Rs.5,000 ( Rs. 1,000 for those with income under Rs. 5 Lakh), which will go upto to Rs.10,000 if they fail to meet this deadline too.
31st March 2019
Final deadline for filing returns for assessment year 2018-19. After this date, taxpayers will be allowed to file returns only if the tax authorities allow them to do so under exceptional circumstances.
AY 2017-18 Onward
You can file belated return only till the end of the assessment year. Until AY 2016-17, you could have done so till the completion of one year from the end of the assessment year. However, unlike earlier, your belated return can be revised till the end of the assessment year.
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