Changes in ITR Dues Dates (AY 2016-17 to 2019-20)

FY 2018-19 (AY 2019-20)

Due Date of ITR is normally 31 July 2019/ (30 Sept 2019 in case of Audit)

However it has been extended as follows

For Salaried and Small Business

31-07-2019   31 Aug 2019

For Audit Business

30-Sep-2019       31-Oct-2019

FY 2017-18 (AY 2018-19)

Due Date of ITR is normally 31 July 2018/(30 Sept 2018 in case of Audit)

However it has been extended as follows

For Salaried and Small Business

31-07-2018   31 Aug 2018

For Audit Business

30-Sep-2018   15 Oct 2018     31 Oct 2018

• However,Return can be filed late also till

                     1.    31 Dec 2018 (With Penalty of 5000)

                     2.    1 Jan 2019 to 31 Mar 2019 (With Penalty of 10000)

(Note If Total income is upto 5 lacs,then Penalty is reduced to 1000)

If income between 250000-500000,then 1000 Late fees

• Penalty to be taken into account while determining demand and refund.
• Both Original and Revised Return can be revised
• However,Revised Return can be filed till 31.3.2019 till end of assessment year and (not one year from end of ay)

FY 2016-17(AY 2017-18)

• Due Date of ITR is normally 31 July 2017/(30 Sept 2017 in case of Audit)
• However,Return can be filed late also till

                  1.     31.3.2018 (Without penalty)

      ( Now It cannot be filed after 31.03.2018)

• Hence Return can be filed till end of Assessment Year (and not one year from end of assessment year)
• Both Original and Revised Return can be revised
• However,Revised Return can be filed till 31.3.2019 (till one year from end of assessment year)

FY 2015-16 (AY 2016-17)

• Due Date of ITR is normally 31 July 2016/(30 Sept 2016 in case of Audit)
• However,Return can be filed late also till

                     1.   31.3.2017 (Without penalty)

                     2.    31.3.2018 (With Penalty of Rs 5000)

• Hence,Return can be filed till one year from end of Assessment Year)
• if return filed on time,then only it can be revised under Section 139(5)