Due to disruption caused by severe floods in Kerala, the Central Board of Direct Taxes has extended the due date for filing income tax returns for all income tax assessees in Kerala who were liable to file the return by August 31, 2018 to September 15, 2018, as per an official release here today.
The original deadline for filing income tax returns for assessees whose returns are not liable to audit was July 31, 2018 for financial year 2017-18. This deadline was earlier extended to August 31, 2018by the CBDT for all assessees to whom the July 31 deadline was applicable.
The extended deadline of August 31 has now been extended further for assessees in Kerela.
In a first, belated returns filed for FY2017-18 i.e. returns filed after the notified deadline will attract a penalty or late fee of upto Rs 10,000.
The original deadline for filing income tax returns for assessees whose returns are not liable to audit was July 31, 2018 for financial year 2017-18. This deadline was earlier extended to August 31, 2018by the CBDT for all assessees to whom the July 31 deadline was applicable.
The extended deadline of August 31 has now been extended further for assessees in Kerela.
In a first, belated returns filed for FY2017-18 i.e. returns filed after the notified deadline will attract a penalty or late fee of upto Rs 10,000.