Monday, February 26th, 2018

 

Deadline For Filing Late, Revised Income Tax Return Is….

tax image

March 31 is approaching. It is the last date for filing belated or revised income tax return for assessment years 2016-17 (financial year FY2015-16) and 2017-18 (FY2016-17). “Belated or revised returns for AY2016 and 2017-18 can only be filed up to March 31, 2018 (with interest, if any, for late filing)” the Income Tax Department said in a communication issued in newspapers. Individuals having income more than Rs 2.5 lakh are mandatorily required to file income tax returns, the tax department said. For senior citizens (age 60 years and up to 80),Read More